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redNinja99

Strong support at 200 SMA and inverted Head and shoulder pattern

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
redNinja99  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Gold bouncing from support at 200 SMA. Bears are trying hard to push it below that level, but it is holding up.
This kind of bounce happened only during march crash, and Gold went to 2000+.
It is also forming an inverse H&S pattern. Need to clear the 1873 level
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