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GOLD LONG FROM SUPPORT

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Oro al contado/Dólar estadounidense (OANDA:XAUUSD)  
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OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Trend Analysis Chart Patterns Wave Analysis Gold LONG buy trading Bullish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

Previous week’s red candle means that for us the GOLD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2042.095.

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TP in sight so we are being patient!
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