XAUUSD in consolidation level. long term bullish still bias.

The bias is still buy for us because the recent drop did not last long. Furthermore, the buyers is still strong but we cannot say as of this week if this will go up as we are in the position of consolidation where there are small volatilities which has a lesser opportunity for us to make money.

As we always say, December is a dangerous month to trade and we expect another big spikes in the future days to come so always remember to lessen your lot size and take profits much more faster than your usual trades. You don't like getting caught up :)

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