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Gold - 1H Bullish signs

As you can see, XAUUSD responded perfectly to the trading range zones and is moving smoothly within the channel.
The price of gold couldn't consolidate under the support zone and experienced a fake breakout, leading to a rise.
Consequently, it has now moved upwards and has the potential to continue rising further. Keep an eye on the resistance zone for any potential pullbacks or breakouts.

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