Gold Spot / U.S. Dollar
Updated

Gold wait for direction

137
Forming wedge, looks like waiting for something, next NFP might be..
Note
FOMC will show direction
Note
Nice drop down, don't enter shorts if you didn't do it on the wedge. may wait for 1200 level to long it!
Note
Strong support at 1252 and 1210, two potential long entries
Note
Probably revert to long around here, stop loss should be wide enough to 1050

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