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Gold: Falling Wedge

XAU/USD, 1 hour    LONG Jul 17
There is a falling wedge emerging, XAU/USD demands a further strong move to confirm falling wedge breakout. A falling wedge denotes a reliable indicator that indicates that prices are likely to keep rallying upward in case if price breaks out to the the upside. XAU/USD turns bullish to the 1960 zone.
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