XAU/USD Weekly Update (23 July 2017) * Bull but watch 1260 zone.

504
I am Slightly Bullish. We had another great run up. Now it is near congestion zone of 1256-1260, upside movement may be somewhat limited.
That is the reason why I am cautious, yet it is still good to be on the side of long.
Moreover, we have FED rate decision in the middle of the week. This pair is going to impact a lot.


Trade Safe,

s0nic

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