ChrisThein
Short

Bull Trap on Gold?

COMEX:GC1!   Gold Futures
There is some bearish RSI divergence on the weekly Gold             chart. Price has not been able to close above $1300. Price has also rejected the 1.272 fin ext. If price closes under 1307.80, I think price will have strong pullback to at least $1220 level and even to $1060's. We'll see what happens. Good luck trading out there.
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