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Gold is currently channeling nicely around the 1250 mark. Potential for a new long position after the recent retracement to 1250.
Await the 1hr candle to close above 1250 (key psychological level) and above the longer term trend line . Price should see 1260 again.
Await the 1hr candle to close above 1250 (key psychological level) and above the longer term trend line . Price should see 1260 again.
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