Gold update.
Gold decided to break the neckline completing the H&S pattern. Now XAUUSD tested another interesting support level on daily and could not break it for the moment. If we take a closer look at the support we are at now, it worked out several times and had not left any chances to break (only once). So it could be considered strong support and a good reversal zone (plus we have good static level here and Pivot is close). The trade is quite risky but I want to try it. Take profit on the neckline 1283 level.
Let's see.
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