Since EUR is gaining some value against USD, XAUUSD is also gaining so value and that is why the precious metal is on the upside.
On the very big picture, there isn't any change of trend, the precious metal should keep its swing in the channel.
But there is an upside opportunity.
1224 and 1248 may be the upside target before EUR loose some value against USD
ecbEURfedGoldUSDXAUUSD

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