
Thaal1
@t_Thaal1
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Thaal1

XAUUSD Based on the falling wedge pattern showing in the chart which is a bullish chart pattern that occurs when the market makes lower highs and lower lows within a converging trendline structure. This pattern indicates potential bullish reversal or continuation. *** Proposing a long position from 65-46 range *** Last Target 2206 *** Stop loss as showing in the layout Stating that the setup is not financial advice but rather a personal trading plan is an ethical practice.

Thaal1

Gold (XAUUSD) has maintained its position within a bullish channel for the past 14 days, showing no indications of bearish movements or tendencies thus far. Key levels where gold could potentially experience significant retracements include $2000 $1989 $1982 These price points represent attractive entry opportunities. Given the current trend, there is a strong possibility that we may observe a continued ascent, potentially reaching and surpassing the $2020 level."
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