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GOLD - PULLBACK TO KEY SUPPORT TRIGGER LONG OPPORTUNITY

Por Jonny_Fortune
Price has pulled back to key support clearing the way for bulls to come back in and take control of Gold to new highs. A counter trend line break would add additional confirmation the bulls were taking back control of Gold. Targets are set as the next two key resistance areas to the upside at 1,358.10 and 1,375.03 respectively. Further declines in the USD Index should aid the Golden Bulls.
Chart PatternsCommoditiesForexGoldgoldusdtechnical_analysisTechnical AnalysistechnicalsTrend AnalysisWave AnalysisXAUXAUUSD
Jonny_Fortune

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