Gold Spot / U.S. Dollar
Long

XAUUSD Weekly Outlook 26/05/2020

120
Market could retest deeper down for a liquidity grab before headed up.
Bear Trap potentially happen with strong candle break out of ascending trend line before headed up.
AOI matches Overall bullish trend critical level + Smaller bullish trendline M Pattern fibo reversal.
CoT Report : Net longs increased.
Monday was a holiday. Tuesdays could potentially set the lows of the week.

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