FXBen
Short

GOLD Short to 1014

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             has been bearish for a long time now and is showing now signs of reversing just yet. We recently broke the lows of 1082 before retesting but price has stalled around this area. Today we finally saw the bears take hold and dive the commodity lower.

We need to tread carefully given the Fed announcement on Wednesday but as it stands this is head south.


Downside target 1014
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