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GOLD BREAKOUT TO YEARLY HIGHS

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The last weekly candle closed VERY bullish. The last daily candle closed above weekly resistance and completed an inverse head and shoulders pattern. This could possibly cause a strong bull run to yearly highs. A possible move to 1788 (a long term key level) is the target. Otherwise, it could retest the current yearly high at 1765 and after retrace to this weekly zone.
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