XAUUSD - The big picture

OANDA:XAUUSD   Gold Spot / U.S. Dollar
We have a long period of accumulation mixed in with a reversed head and shoulder so keep an eye out for a penetration of the neck line as this would lead to an explosive climb. Right now we are stuck into a small flag, indicating accumulation that could lead to the breakout. I am starting to look for small risk entries in view of an eventual breakout.
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