georgethevictor

Gold possible DOwn movement in the coming days

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Technical analysis indicates a further drop with gold towards its 161 expansion level based on daily chart analysis. I believe gold would drop eventually to the 1940 range before the pullback. This week's news would be vital to confirm this move. This is for analysis only not a trade signal or suggestion

I would be personally holding short positions towards this dierction
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