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OmiFX8
Jun 6, 2020 6:50 PM

Gold: Sell on rise setup Short

GOLD (US$/OZ)TVC

Description

Friday's decline confirmed a bearish lower highs, lower lows setup.

Upbeat US jobs report is likely to cement expectations of V-shaped recovery, accelerate stock market's rise toward record highs.

Prices look set to support at $1,660-$1,650.

Close above Friday's high of $1,716 is needed to abort the bearish view.






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