XAUUSD - CONSOLIDATION

Gold looks to be consolidating between 38% and 50% fib levels for two weeks now - waiting for a break above and a push past 1500 per ounce or a drop down to the bottom of the triangle formation...

I have been scalping for the last week so have not looked at fundamentals too much but I would expect a big move to happen soon around big news releases.

Stay green and wait for a bigger move!

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