sharpie0319

XAUUSD expected Bullish move next week

Long
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
The recent credit ratings downgrade on the USA and continuing geopolitical tension in the Middle East are factors that could potentially contribute to a bullish trend for gold in the coming week. Both of these events have historical correlations with an increase in demand for gold as a safe-haven asset.

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