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GOLD BULLISH SCENARIO

Long
SAXO:XAUUSD   Gold Spot / U.S. Dollar
GOLD is described as a safe haven against war, inflation, and banking collapse as we can see on the daily chart. The 2 fat red candles are basically 3 interest rate decisions in two consecutive days which were all hikes. Uptrend support shows signs of resuming the previously steady uptrend. The dovish comments from Powel can be interpreted as neutral, in our case here is support for that trend.

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