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TheConcierge
Jun 17, 2016 7:07 AM

XAUUSD Short

Gold/U.S. DollarFXCM

Description

Pivot: 1297.00

Most Likely Scenario: short positions below 1297.00 with targets @ 1264.50 & 1256.50 in extension.

Alternative scenario: above 1297.00 look for further upside with 1308.00 & 1315.00 as targets.

Comment: the RSI is mixed with a bearish bias.

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