Gold Spot / U.S. Dollar
Short

GOLD break down the correction channel

9355
GOLD break down the correction channel
and it's likely to heading down

1264.39 is the 0.618 level and after being tested
two times , the buyers failed to make new high.

In my webinar posted on last Friday, I have clearly
pointed out this level.

Now the direction is clear, our strategy will be
short the pull back.
this time I think Gold is likely to break 1200

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