TB305

SHORT ON GOLD (XAU/USD)

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Price currently in a major area of confluence: (Resistance + Downtrend Line)

The bears have not shown up convincingly so I am entering this trade a little pre-maturely. But the dollar looks to be rising so I feel good about taking a sell on gold.

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