XAU has a long term uptrend
Gold had a stellar week, with a rally on August 17 pushing the precious metal to an all-time high above $2,500 an ounce and, according to experts, the long-term trend is definitely up. The housing data released this morning was so bad that it pushed market expectations even higher. "It really amplified the gold market and the possibility of a rate cut in September will continue to increase
Note
SELL XAU 2501
TP1; 2490
TP2: 2480
SL: 2510
Note
Hit TP 1 
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