PinPointTrades

XAUUSD Ready to Move Higher After Pulling Back

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
5
After hitting a high of 1260 on February 24, this had a down week, all the way to the bottom of this channel at 1222. It looks like the bottom held as support and the pullback should be completed. I look for this to end this next week between 1240 and 1250. That should just be one step along the way to 1280 in about two weeks.
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