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XAU/USD - Formed Bullish AB=CD Pattern

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
The XAU/USD pair has recently formed a Bullish AB=CD pattern, indicating a potential reversal in its prior downward trend. Since it has already broken point B we will take immediate entry for short and watch the price action at point D which is a potential reversal zone. If divergence is found at point D we will enter for long.
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