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New York Session Watch #XAUUSD #Gold

FX:XAUUSD   Gold Spot / U.S. Dollar
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• Short term trend is up while long term trend remains down.
Pin bar pattern formed at 1220.00 support.
• This pin bar rejected the uptrend line adding weight to the bulls.
Resistance level at 1245.00.
• Break above the pin bar (green line) may offer long trades.
• 1245.00 resistance may serve as a target for sellers.