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26/07/2020
XAU/USD (Gold/USD)
Gold has plenty of room to run. Approaching strong resistance at 0.103. If it breaks beyond that, we could see it going all the way to 1.140. It is overbought at the moment and should pull back temporarily to about 0.100, which will give an opportunity for a short term short. Overall momentum is still to the upside.
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