ZDRuX

Another leg down in GOLD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
As per my prior post regarding the gold miners I linked (which are usually the first to show their hand), gold has hit a double-top to retest the highs of the .618 retracement from the prior high.

I believe you have a great opportunity to enter at a great risk/reward level here. Dollar is bouncing off a major support now, and this is where I see gold going.

Best of luck in your trading!
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