On the 1h chart, the price is testing 2740 resistance. Gold is trading in a strong upward channel. The MACD and Bears&Bulls both points to possible continuation of rise In addition there is an ascending triangle pattern formed.
🔼If the price break through 2740, the further rise to 2750 is possible.
🔽Otherwise, a slide to 2720 support and lower could be expected.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
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