MicKi

XAUUSD ( Gold )

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After a huge rally Gold took a bit of a pause. Now we can see the price rebound from support forming a hammer and a confirmation bullish momentum candle on the Daily. The price is staying above the Kijun line and well above the MA 50 and 100.

A bounce to to ~1580 area is very likely.
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