Razvan
Short

XAUUSD - Signaling Short Term Fall

FX:XAUUSD   Gold Spot / U.S. Dollar
343 0 2
I would say that the price of Gold             is now under some bearish pressure. The Dollar is gaining and the technical reasons are already here. Trend line broken in 14th of January, RSI pushing on its trend line and the 50 level. A break under 1234.04 would give a higher probability for a drop.
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