Buy / Long Gold in Hourly Timeframe

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As shared probability in the last analysis, gold is still showing an upward trend in H1 timeframe making HH and HL as per Dow theory, however it has showed a divergence in M15 timeframe. Good buy zone will be around 2708 with SL at 2691 and TP1 at 2726 and TP2 2742.

Weekly and Monthly timeframes also suggesting a strong bullish trend. If price breaks below 2691 with two candles rejection it may start downtrend in H1.

I am sharing it for analysis only. XAUUSD #tradingview #gold