XAU/USD Ascending Triangle in 1H Chart

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By Deya Hroob

xau/usd

Gold is in strong bullish mood. It has formed an ascending triangle in 1h chart. $1980 is the resistance line of the triangle.

 To buy gold, you should wait a breakout above the resistance line OR buy at the trendline with stop loss below the line.

 If price breaks below the trend line, $1945 and $1900 will be the support.

 Trade Wise and Good Luck,

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