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gold buys .. breakout or fakeout?
XAUUSD
, 15
Long
XAUUSD: gold buys .. breakout or fakeout?

Gold has broken out of a megaphone pattern that formed at a nice area of support on the daily and 4h chart. I expect gold to continue bullish to retest the 4h trendline that was broken a while back and possibly continue bullish much further. However, I would be happy to take profit at the retest.

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