FUNTRADER-Vera
Long

GOLD: an umbrella for gold to go with

FX:XAUUSD   Gold Spot / U.S. Dollar
Hello, guys,

Gold             did not fail us , just rally from the right position or support.
Its clear that channel broken will send gold             up to 1250 -1260 zone.
In the long term ,we still think gold             will need to drop later Aug - Oct.
More and more central bank is joining the rate-rising club and showing strong desire to follow up.That would b a bad news for long traders on gold             .

Less is more!
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