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AfterMidnight
May 1, 2017 10:02 AM

Next support for Gold if 1260 does not hold. Long

FX:XAUUSD60
Gold/U.S. DollarFXCM

Description

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Currently in the middle of the uptrend for the year as seen by the dotted lines. If we bounce here then we can head up to the mid-term uptrend zone of 1290 as seen by the solid uptrend channel. If not then we fall to 1245-1255 zone
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