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XAUUSD Consolidating on the 4H MA50

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
As per the last XAUUSD idea, the price broke above the 4H MA50 (blue trend-line) giving a strong buy break-out signal:


Right now the price is consolidating with the 4H MA50 in support, much like the July and August fractals (circles). Naturally the next target remains the 4H MA200 (orange trend-line) around 1780 and thenthe 2.0 Fibonacci extensionat at 1800.


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