GannMarkets

GOLD SALES EXPECTED TO ACCELERATE

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the yield on the benchmark 10-year Treasury note fell to critic support zone, we think that an increase in the note will lead to sales in gold prices. When we take a technical look, our first target level will be 1266. If this breaks down, it can fall to 1237 support.

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