XAUUSD outlook guriforex trading signal 12 may 2023

XAUUSD outlook! Guriforex Trading signal

The price has formed two trendlines: resistance local trendline (blue) and support global trendline (black). The main idea here is to spot a breakout and follow it.

If the price breaks above the resistance trendline (blue), the target will be 2046.00.

If the price declines below the support trendline (black), the closest target will be 1976.00.
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