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kgbrah
Feb 21, 2017 12:06 PM

XAU headed back to bottom of channel. USD strength to continue. Short

Gold/U.S. DollarFXCM

Description

Good opportunity to short gold here. 2016 was sentiment reset for the next move down. Don't fight the FED.

Comment

Failed for the second time at LT Downtrend line. Until I see a break, re-test, & hold of that DT line, my view on Gold remains the same.
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