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brendan_ellich
Aug 23, 2019 11:51 PM

XAUUSD Long

GOLD / U.S. DOLLARICE

Description

Recent trade negotiations caused a spike in the XAUUSD.
Could see it break the high of 1536, if so can see a decent run
Low support and unlikely with current trading circumstances for it to be reached.
Long trade with trade wars heating up causing pressure on the commodity to rise in price.
Will probably see a reach of 1580 in the coming two weeks if such conditions continue
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