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XAUUSD is facing bullish pressure, potential for further upside

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD dropped nicely and is likely to bounce from 1st support, where the graphical overlap, 61.8% fib retracement, 100% fib extension are. Potential target could be at graphical swing high is. Stochastics also shows a bullish momentum is building.

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