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GOLD (XAUUSD) Trading Forecast for June 6, 2016

FX:XAUUSD   Gold Spot / U.S. Dollar
As stated in the last analysis, temporary correction up 1230-1235 is expected, and this was hit last Friday. At 30-minute time frame, a gap was made. Price will return to the said gap, maybe before or after reaching its 61.8% retracement at 1263-1265 area.

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