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XAUUSD (W) will reach $2270 in the next 3-5 weeks

Long
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD (W) had a period of strong price increases last week. And is about to break the resistance at the $2080 area.

Over the next 3 to 5 weeks, XAUUSD will reach $2270 (Fibonacci extension (1)).

However, be careful with unusual reversal signals that may be created in the current area.

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