XAUUSD-GOLD. Still on the downside despite little move up

FX:XAUUSD   Gold Spot / U.S. Dollar
48 0 0
XAUUSD             is still on the downside. Even on a very short term basis, even if Gold             is trying to go a little bit over 1300, this is not a ling lasting momentum.
The basic trend appears still to be on the downside. 1180 is an important support. We may even go further down then 1180....
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