AlgoTradingGroup

XAUUSD (GOLD) BULLISH OUTLOOK

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OANDA:XAUUSD   黃金現貨 / 美元
Good afternoon again traders!

Along with EURUSD bullish view, XAUUSD may follow EURUSD too as both are positively correlated. Overall bearish DXY (USD Index)

We may be looking to buy gold around 1854 - 1860 if all confluences align and we get further confirmation

As for shorts, 1889 would be a good spot

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