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Double dip confirmed. One closing above KAMA is not enough.

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
oguztur  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis
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chartpattern trendanalysis
Double dip confirmed. The channel is 1670 as support/stop and 1760 as resistance. Within the channel I check KAMA (yellow line) for confirmation. 1745 was the KAMA challenge and GOLD closed above on thursday. Friday and week close was slightly below. Next week please check if GOLD can close 2 days above KAMA. Happy trades

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