Technical Analysis
#XAUUSD 1H
Following the price reaction at the support zone, the recent bullish wave is expected to advance toward the specified resistance levels. After that, a potential trend reversal may occur.
A breakout above the resistance zone and the descending trendline could pave the way for further bullish movement.
⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the market's next scenario.
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