FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
In line with the bullish sentiment we have on the dollar we are looking to short the rally we are currently having in gold. The signal will come from a good daily rejection from the yellow zone. That zone (1950-70) is important not only because it is a weekly tenkan area but it is where we saw massive sellers 3 weeks ago and they might still be there to defend it. So just like on the dollar we wait for a good rejection on the daily and we enter.

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