GOLD 3RD KEY TOUCH OF MONTHLY CHANNEL - SHORTS ARE LIKELY

Short

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

trendanalysis gold goldshort goldforecast

The monthly time frame paints a short for the precious metal. As a person who loves to mix intraday setups and swing opportunities, I will definitely be entering a smaller than usual position short. Beautiful technical setup with a great risk to reward ratio.

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