bobmarley888
Long

LONG GOLD - WATCH ALL!!!!!!!

AMEX:GLD   SPDR GOLD TRUST GOLD SHARES NPV
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Situation with gold is rather complex since we are in the narrowing channel for EUR/USD , GBP/USD . Gold trends are more volatile so you can try both to long and to short using moving averages. It is more reasonable to find entry points for short because gold is on local lows and bound is possible, so I recommend you to find long points on moving averages crossover.
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