Recently, XAUUSD experienced volatility inside the channel with a noticeable pullback from the resistance level of 2088 and is near the lower trend line. Now the price is at the support at 2074, and two scenarios are possible:
If XAUUSD bounces off the lower trend line, it will go up to the 2081 and 2088 levels But if the price breaks the trend line, it will reach the support level of 2064
Predicting a bullish or bearish move? Share your thoughts in the comments
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