Mihai_Iacob

Gold should accelerate gains when/if it breaks above 1900

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After breaking the recent consolidation to the upside, Gold reached 1912 high, corrected, and has started a new consolidation
At this moment is trading slightly under 1900 and bulls need a clear close above this level.
In this eventuality, gains should accelerate and 1950 remains my target.
On the other hand, a daily closing under 1880 would delay this scenario

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