XAUUSD - 8/4/21

Looking at the trend continuation (maybe too late of an entry as a better entry would have been at the bottom of the channel)...however with the high impact USD news tomorrow, this is a risky move. To be on the safer side, I'll be looking to enter next week, depending on the news reaction. But as you can see we had a strong channel formation.
Chart PatternsFundamental AnalysisGoldgoldideagoldtradingTrend AnalysisUSDXAUXAUUSD

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