Ryan0927
Long

XAUUSD Possible Breakout

FX:XAUUSD   Gold / US-Dollar
The pair is in a previous channel of support and resistance , last seen earlier this year. With the Bears dominating this market, Buyers are yet to make their move. If resistance indicated in ORANGE is broken, it is one step closer to gaining momentum and breaking recent resistance at 1322 and hopefully GOLD             sees green again. If that fails to happen, the only direction is DOWN.
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