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GOLD - BUY ENTRY - WHY Im BULLISH

Long
SAXO:XAUUSD   Gold Spot / U.S. Dollar
Gold had a pretty nice price correction, it closed daily under resistance, so you are preparing a BUY in the 1973 area, the big trend is a BULLISH one (blue line).
The problem with the banks still persists and good news from this sector seems to stop appearing, which makes trust in the Banks still very low.
So I will wait and enter BUY.

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