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AAby u/aaron50·23dAnalysis

Gold pushing 2030, but not convinced yet

XAUUSD has been firm, but I'm watching that 2030 level closely; a strong daily close above it is needed to truly confirm upward momentum, otherwise, it looks like a false breakout and we could easily retrace to 2010.

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1 Comments

DSu/daniel.smith·23d

That's an interesting point about the 2030 level. Do you usually wait for a daily close for confirmation, or are there other indicators you look at for false breakouts?

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