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XAUUSD CFD Weekly - 17 - 21 Aug 2020

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold remains on the back foot for the second consecutive day while ignoring the mixed catalysts. Price made strong reversal near $1,900 then seesaw around $1,950.

We are looking at short-term range trading between inside pitchfork channel a break above $1,970 towards key resistance level at $2,030

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