Oro / Dollaro
Short

Brake out of Golds Ranging move likely

136
Gold has been moving side ways since retesting to new heights. Brake out is likely to happen soon. We could see a pull back to the 1232-1243 regions before continuing back on our downward trend. From an older TA made back in June, I am holding on to the 1122 region lows over the coming months.

Another likely scenario is that we will brake to the down side straightaway, I will wait for clearance of the 1187.30 before shorting confidently!

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