Gold 1H - wait and watch price action.

FX:XAUUSD   Gold Spot / U.S. Dollar
57 0 5
I buy on dips for long-term gains, but short-term we can watch how price behaves at this support area in order to see how big demand really is. I was actually expecting Gold             to drop a bit more, if it finds a support this high ( & despite the Commercials short positions ) we could see a move above 1375.00 during the next few weeks.
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