TJP_Trader

Bearish Outlook on Gold

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD bearish momentum continues and i am looking to add further shorts on the next pullback or on confirmation of another bearish flag below 1200. Since bouncing off the 61.8% retracement level of the Sept/Oct range, the Oct lows have been taken out, we had a nice and neat bearish flag which presented another entry opportunity.

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