Gold Spot / U.S. Dollar
Short
Updated

Gold Short

515
Today was a volatile day for Gold due to the FOMC press conference, but based on current MA indicators and the DXY, I am expecting the pairing to continue short for the time being.

Sell Entry: 1931.50
Targets: 1929.00 | 1926.80 | 1924.00 | 1922.50 | 1920.50
Support: 1917.00

If price falls below 1917.00 we could potentially see targets as low as 1908.00 and 1900.00 reached.

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Note
Targets down to 1920.50 reached.

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