More Downmove for GOLD?

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
39 0 2
Gold             has broken market structure last week. Despite Global views on Deutsche Bank and the pound weakening will cause a flight to gold             , we are standing on the bear's camp based on the charts. Next Support Zone is around 1200x area where the bulls are camped. Will look for a opportunity to short if price retraces back to 1290x area.
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