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GOLD Price Action Near Term Increase -
XAUUSD
, 60
Long
XAUUSD: GOLD Price Action Near Term Increase -

There seems to have been a strategic repositioning of the price of gold after its parabolic rise. The dead cat bounce in the stock market is happening a the the same time the price of GOLD seems to be moving independently as shown here. This seems to be a buy at this point with a target of about 1770

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