jasperlawler
Long

Inside day breakout on big up-day looks bullish for gold

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold remains in a consolidation at the bottom of a long downtrend- but yesterday's price action looks bullish

Scenario A) Gold pulls back to 1200 where buyers finally push it above its trading range towards 1235
Scenario B) Gold trades up to 1210 before falling back into its trading range again
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