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xauusd

Hello traders. As you can see, the price is moving in an uptrend and is supported by an ascending trend line. The range of 2348-2336, which aligns with the 61.8% and 78.6% Fibonacci retracement levels, is the most important support zone. We expect the price to resume its upward movement upon reaching this zone. If a confirmation for entry is given, the price could move towards the resistance levels of 2393 and 2420.
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tp1 done
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