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The 4-hour candle has closed with strong bullish momentum, which is not favorable for sellers. As long as this strength is maintained, XAUUSD is likely to continue its bullish move toward the key target zones of 4180, 4200, and 4220.
https://t.co/pdoA4vz4ZE
XAUUSD Outlook
If XAUUSD shows a strong rejection from this area, the bearish scenario remains valid. Otherwise, price is likely to continue higher and target the 4H Order Block before any significant reversal.
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