Bullish bias above 1919
Our Pivot: 1919
Our Preference: Start buying XAUUSD above 1923.00 with strict stop loss of 1919.00 and profit target at 1930.00 with extension towards 1935.
Alternate Scenario: Downward penetration of 1919.00 will call for 1911 and 1906.
NOTE: XAUUSD is moving inside a bullish price channel and being supported by an ascending trend line.
Chart with supports & resistances:
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