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GOLD - MAY SEASONALS LOOKS BULLISH

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar


Gold May Seasonal (2008 to 2021)
Bullish: 8 Times
Bearish: 6 Times
May Stance: Bullish


GOLD After making a double top of 2070 - 80, took the beating and come down. The breakout level is still intact and we remain watchful on the price action. If it manages to break above the cup and handle pattern the shinning commodity will remains bullish for the years to come.

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