On the M15 timeframe, XAUUSD shows the potential for upward movement. This is supported by the formation of a double bottom pattern, which is often considered a bullish reversal signal. Therefore, the opportunity for price to move higher towards the target level remains strong.
Trading Recommendation:
- Buy XAUUSD
- Entry: 3644
- Take Profit: 3656
- Stoploss: 3639
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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