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XAUUSD 4hour Analysis July 19th, 2020

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold Long idea

Gold is very bullish on all timeframes

Currently we are seeing price action form a box pattern where we will wait for a break out before deciding on a clear direction.

Ideally we want to see price action fall and form structure at a key fib level before continuing higher again.

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