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Amazinghong
Dec 22, 2016 4:25 PM

Bullish on XAUUSD Long

GoldOANDA

Description

Accumulation interest can be seen below 1130 area where now form a demand zone. The first long term downtrend since Nov presidential election has been broken. With confluence of S&P 500 head and shoulder pattern, potential price upward momentum to test back 1137 to 1142 area and second downward trend-line is highly possible.
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