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maonadim
Jun 8, 2017 3:45 PM

GOLD Short

GOLD (US$/OZ)TVC

Description

Our preference: sales position below 1285.50 with targets at 1273.50 & 1268.00 in extension.
Alternative scenario: in excess of 1285,50, aim for a continuation of the rise with 1290,50 & 1294,00 in line of sight.

Comment: The RSI calls for a continuation of the decline.
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