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Long

GOLD Long Update

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold played out perfectly as buyers stepped into the action to build the buy entry off the shoulder on the 30min timeframe. Price may need to clean out some late buyers on a deeper pullback before kicking off to new highs. (This time the picture is correct)
Comment: Gold continued higher through the US session although giving up some of the gains into the US close. Watch for continuation higher from current levels around 1507 remembering that US Employment data is out prior to the US open.
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