Mihai_Iacob

Gold- to continue higher?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After brokering 1640 resistance, Gold reached 1680 resistance zone and started to roll back. Now the price is at 1650 after touching and confirming 1640 as new support.
The scenario is bullish as long as this support holds and gold can rise to challenge 1700 important resistance in the next few days.

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