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May 17, 2020 11:36 AM

Gold H4 - Long Setup  Long

Gold/U.S. DollarFXCM

Description

Gold broke resistance last week. Technically was trying to reject the H4 resistance of 1738.60, however poor USD retail sales saw a gold break this zone after initially rejection it in the morning. DXY in-between a key zone to trade from too, 100.30 is a key S/R zone. Possible gold longs after a clean retest a support hold on 1738.50
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