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Long

GOLD Technical analysis

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The yellow made use of the uncertainty surrounding the EUR,USD and GBP and made a significant up move.
It is currently consolidating for a move towards the trendline.
We expect the trendline to lend support for another leg of up move.
The next resistance is placed at 1312.487 and traders can expect a swift upswing.

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