SKILFULKNOWLEDGE

XAUUSD 1296 then drop.

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
3
Earlier this week I recommended that gold has strong resistance at the 1296 and 1300 price levels.
1296 then drop as suggested.
1278 needs to hold for support in order to hold long positions.
if we break that zone (1278) we may see more downside to 1258.

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