JFD_Research

Gold - 240 - Fell back below the downside line

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold made a move back below its short-term downside line taken from the high of February. Even though we are now seeing a small correction to the upside, if the precious metal continues to trade below that line, we stay skeptical about gold's upside potential in the short run.

Please see the chart for levels and targets.

Always have your stop-loss in place.
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