cyrus_mansa

possible reversal on gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
with gold bouncing off the weekly support at 1700 and now breaking above the down channel there is a chance we will continue to see higher prices for gold this week. the only issue will be the cpi data coming out on wensday. if we fail to make higher high and fall below 1760 at any point this week then i will be looking for sells.
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