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GOLD HAS ENTERED IN STRONG DEMAND ZONE JUST BEFORE FED MEETING

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold has entered in very important DEMAND ZONE at the time when FED is likely to avoid September rate hike in up-coming meeting. One can sell iff price breaks below demand zone. upward target is defined by SUPPLY ZONE + 100SMA + TRENDLINE RESISTANCE.
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