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  • Vasily Trader

GOLD (XAUUSD): Bullish Wave is Coming?!



Hey traders,


It looks like Gold is preparing for the next bullish wave.

The price set a higher low on 4H and broke and closed above a resistance line of an expanding wedge pattern.


Goals for buyers:

1914 - current local high

1930 - next strong resistance


Demand area is now based on a support line of a major daily channel & broken wedge's resistance.


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