BlackBull_Markets

GOLD vs USD (XAUUSD) In a consolidation zone.

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
With XAUUSD In a consolidation zone on the Daily Time Frame and a strong support just below it we can see that there is a lot of room to move to the upside.

However if it breaks to the short side we can expect it to be very violent

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