Adhami

Gold Short Term Forecast at 0900 GMT July 22nd 2015

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is likely to complete the last bearish leg on hourly chart to touch the support line at 1084 +/-, if the observation is correct then gold should not trade above 1098 decisively after this post, hence an opportunity to sell now for 1084.

A second trade for long position will emerge around 1084 to get support at the channel for back to 1107 resistance area with stop below 1082
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