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GOLD, how low can it go?...

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Prior chart:


Recently XAU/USD achieved the target of $1,750 per oz. as expected from our last analysis break down. Bearish momentum is building strong on the weekly and we could be set for further downside action to come heading into next week. $1,700 should be reached soon with more potential to go lower. What are your thoughts on Gold at the moment?

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