Gold Spot / U.S. Dollar
Long
Updated

XAUUSD

77
I like gold at these levels. Gold is technically still in a long term downtrend so caution is advised. I really like the series of higher highs and higher lows.
I'll look to start accumulating here (1130) and will look to add as it declines. I'll be trading this against 1100 with target around the descending trend line extending from May '13 high (1200 or so)
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