MATTHEWSJACK

GOLD ON THE DAILY TIMEFRAME

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Based on this market analysis we can expect Gold to continue contracting as it's clearly showing to reject that resistance.
It's also important to note that we are also looking bearish on the monthly timeframe which means since we have two timeframes in sync there's more chances of the market actually dropping.

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