GhostSquawk

Gold rotating back up - #xauusd $xauusd

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After taking a large tumble below 1900 on positive risk news, the gold market is slowly grinding back up. We have reclaimed the 1930 handles in gold and approaching a short term resistance there. As we enter the NA trading session, any further dollar weakness or negative sentiment and we can easily break higher moving towards the 1938, 1950 or 1964 level.

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