OANDA:XAUUSD   Or / Dollar Américain
Preferred direction: BUY
Comment: Buyers of gold have laid down a fairly serious prospect of growth towards the level of 2060. Previously, we talked about the likely formation of a balance at the level of 2040, and that most likely thereafter there will be growth above this level towards local highs. However, given the intense news background and, most importantly, the technical picture, there is a high probability that this will happen earlier than we expected.

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