Bull-ION

Gold Penant is Bullish

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Clearly defining parameters. Strategic longs should be holding and adding tactical longs on break north. New entrants should be patient and wait for break north. Downside is potential equity sell off, with a clear support line which shows the level through which sales/hedges should be put into place.
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