After a great fed day on XAUUSD, it's back above the 1500 level.
the price is high at the moment to buy, but at the same time the US Market is not doing so well either.
so the best strategy to use now is hedging with stop loss, or just waiting for a definite signal for a bearish or bullish movement. (breakout of a support or resistance as shown in the chart).

XAUUSDGOLD
GoldTrend AnalysisXAUUSD

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