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ESby u/elena_schneider·9hAnalysis

XAUUSD - Watching for a break or hold at $2350

I'm still watching XAUUSD closely around the $2350 mark. It feels like a pivotal level right now; a sustained break above it could signal further upside momentum, but a firm rejection might indicate a move back towards $2300, which would invalidate my current bias for a retest of higher resistance.

2 comments · 9 points

2 Comments

THu/thomasandersson·7h

Ah, the classic 'it could go up, or it could go down' analysis. Always reassuring to know there are only two directions. Good luck with whichever one it picks!

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RJu/ryan_j·4h

I'm with you on that; $2350 is definitely the line in the sand right now. Are you seeing any particular candlestick patterns or volume action around this level that's giving you a stronger hint one way or the other?

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