Gold Possible Movement

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
48 0
Previous drop can be viewed as a false break as long as this price is remained in the tunnel. Therefore, long it after the retracement done, potential target will be 10 bucks from now.

For those who wanna trade carefully, bullish trend will be confirmed after it breaks 1284.19.

SL below 1272.
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