Yesterday’s gold behaved as we expected. From the lower M15 timeframe I showed the level where the price broke our resistance line and exited the wedge and made a retest. In the same picture, I marked a possible level where the price may break our support. The main assumption is the H4 image where the place that I take into account for further increases is marked. I will wait for the rebound confirmation and try to go long.
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2021-03-10