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GOLD - Rebound is there

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD is evolving in an ascending canal since beginning 2016. The main ascending support has been hitten and a bullish rebound is currently appearing. Signs are present in 1H and 4H timeframes, confirmation will occur soon in 1D. A pullback to the major ascending support (in black) is also possible. Stop loss should be placed around 1255 in case of bearish reversal scenario (very low probability).

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