๐ก XAUUSD: Up after GDP and Unemployment Claims
Gold prices rebounded in the past session, stopping right at the 2050 resistance level. However, this morning, this resistance level was penetrated. However, it can be seen that selling pressure also reappeared right after the breakout and the H4 candle has not yet closed, so it cannot be concluded that this is a complete breakout. You continue to pay attention to this resistance level. If the price successfully closes the candle above 2050 and there is no significant selling pressure, as shown by the candle shadow above, then you can consider increasing your bets. When entering an order, the target will be around the 2080 threshold.
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