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XAUUSD Potential Upside
Analysis on XAUUSD – XAUUSD demonstrates a bullish bias, breaking through the resistance area supporting the uptrend of XAUUSD.
Today’s Trading Strategy:
Opportunity to BUY XAUUSD if it breaks above the 2004.39 – 2011.11 area, with potential upside towards the 2020.68 – 2027.23 region.
Alternately:
If the resistance area of 2004.39 – 2011.11 fails to break, pressuring XAUUSD downwards towards the 1988.20 – 1985.34 area.
Resistance Levels
- R1: 2011.11
- R2: 2027.23
- R3: 2034.76
Support Levels
- S1: 1985.34
- S2: 1963.98
- S3: 1954.00
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