Michael_Harding

XAUUSD Likely to Trend Back Higher

Long
OANDA:XAUUSD   Oro / Dollaro
Following the U-shape reversal on the 15 minute timeframe we had pullback to the 38.2% Fib level followed by a bounce to the upside. This indicates further upside is likely and I would suspect another leg up as the same size as the U-Shape reversal impulse.

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