This week (27th Sept) gold close outside the bolinger band indicating that it will go down. But 1st it has to retest the MA5 High level area (1201.99 - 1198.93). Next will be is the nearest support level (1174.85). But still let the market decide its way.
Trade active
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Still waiting the 1198.00 - 1201.00 area for sell... since USDX still indicates bearish.