FX:XAUUSD   Gold / U.S. Dollar
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I'll be watching the price action from first thing Monday and as soon as there is a confirmation I'll be going long.
This is where I'll be looking for for confirmation. If the USD breaks up and out of this channel then gold will continue to fall. If USD stays in the channel and falls again then gold will go up.
snapshot


I think the more likely outcome is USD strength which would mean I just stay out of the trade all together.
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