Break of recent UT sends us lower, 1400 Key

FX:XAUUSD   Gold Spot / U.S. Dollar
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patience is a virtue, wait for either a break and hold above 1400 or a break lower through trend for confirmation on direction
A break of the terminal wedge will need follow through to become a really good trade. Probably depends on the performance of the dollar, if the dollar has a pull back then upward momentum is likely opposite for a dollar rise.
GetBusy88 SteveTobin
Totally agree, Gold is just a DXY proxy play. DXY up/Gold down...
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