Gold Spot / U.S. Dollar
Short
Updated

Gold short towards $1640

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Gold was rejected at $1650 and currently trading below it. XAUUSD is under pressure and weekly low $1638 might be tested. We short Gold as long as it stays below $1660. Use money management and risk 1% of your equity when trading.
Note
Gold reached $1640 as per forecast. You may book your profits and keep for target $1638.

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