ForexTrendline

XAUUSD (GOLD) analysis

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FX_IDC:XAUUSD   Ouro/Dólar Americano
We saw an important breakout on gold yesterday. Price broke outside of a strong resistance at 1800!

This led to a strong impulse, which we now see, has enough strength to continue.

Next resistance levels for gold are 1838$ and 1850$

We expect NFP today, which means we will see some moves in the market.

The upside continuation looks like a good opportunity!

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