Preet

XAUUSD Daily Outlook

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Will be watching and monitoring Gold for a breach and close below lower ascending trend-line. If we see a close below $1270 , I would anticipate to see a re-test of the trend-line and wick around previous support turned resistance at $1282-$1290. If all plays in accordance, shorts at these levels will be taken ($1282-90)

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