XAUUSD, still seems bullish for OANDA:XAUUSD by keychen64

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It seems like it consolidates a little bit in this area, it seems bullish , especially if it pops above the high with a nice candle, near solid full green, but it also could be a pop and trap then going back into the consolidation, and also if it does get back into the consolidation and then break above again that could be a really bullish sign. So as of now, I think it is best to be patient and wait for a nice solid bar above the recent high and see if it holds, with a stop loss below the candle.

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Nicely played out.

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It's peaked above and came back into the zone, not enough fire power to blast it off the top, best to wait until it actually makes a decisive decision and catch the rest of the train, we don't need to be the earliest one, we wait until it shows us that it's going to move above with force after taking out some lows. If not, stay on the sideline and let other people trade the accumulation.

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