PHICAPITALINVESTMENTS

GOLD 30m Sell Setup Possibility

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Been monitoring this one for a while now for a nice sell entry. I am expecting a long term move to the downside to start soon, which should keep falling for most of this year and bottom out around $1100. We may be seeing the formation of the sell entry flag for this move, but I still need to watch a bit more to gain confidence that the move is actually going to get going.

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