OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello,Traders!
GOLD
broke out of the rising channel
And then fell sharply on the fundamental news
The correction has reached -7.5% which seems like an overreaction
To the FOMC meeting minutes
Which makes me expect a rebound
And the current support level is a good base for the bullish move
The first target for the recover is the nearest resistance level
Buy!
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