GOLD Price Analysis

FX:XAUUSD   Gold Spot / U.S. Dollar
The gold             run too fast, and it happened before. But the main longer trend is still bearish . And The only Question is when it turn back to bearish . Look at the USDOLLAR             index. The price is testing the 12000 support level for USDOLLAR             and next will be 11800 support. I see the money go to Yen and Gold             and few on Euro             . And i am looking to selling out on those 3 instrument.

Now about the Gold             itself. I saw very high demand options on 1250 Calls and 1100 Puts. The Gold             may play on this are. so, let's consider this price range. My Resistants for gold             will be ; 1200, 1250 and 1300
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