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XAU/USD Gold Technical Analysis

FX:XAUUSD   Gold Spot / U.S. Dollar
- Gold has shown a very impulsive move from its point of release
- Gold can continue its impulsive move for long as well
- However, when a ball bounces hard gravity always pulls it back again, apply the same concept here when you think about getting in the middle of a Trend or at the Top
- Similarly wait for a pullback if you are looking for fresh longs.
- If you are already holding this continue to ride you winners


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