scag

Gold - Distribution at 1200-1220

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
2
has been distributing at these levels and just today established a newer lower low. Looking for one more leg back for final test of upper 1219 levels before completing distribution and continuing for it's markdown phase.

Targets will be established after we enter the markdown phase, as we need the final push up to confirm.

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