Flubberpants
Short

Gold Short Target

FX:XAUUSD   Gold/U.S. Dollar
185 0 3
Blue: MT Bear trendline
Red: ST             Corrections
Yellow: Current Support/Resistance zones

Analysis:
1) Notice how often the prices along the Middle blue bands get rejected (shown by pink ellipses).
2) This is then followed usually by a low at the bottom blue band (shown by the purple ellipses)
3) I have a conservative target of $1150 for Gold             .

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