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Buy or sell on breakout/Trade the channel (XAUUSD: Gold)

FX:XAUUSD   Gold Spot / U.S. Dollar
49 1 1
1300 and 1291 are key resistance and support zones respectively, both equally likely to hold. Buy breakout on either side and stay on the sidelines if you are unsure of the trade. Good luck!

*Note: I post analysis as a personal guide. Be responsible for your own trade.
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