FXHighway

Gold consolidates positively ..

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
3
Targets: 1255.00 - 1300.00
Risk: 1275.00

The price stability above 1221.00 that was breached previously and building good support base above it, with good positive support from the exponential moving average 50.

Stochastic approaches from the oversold areas, and waited bullish rally towards 1255.00 then 1300.00.

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