Gold Spot / U.S. Dollar
Short

GOLD, detailed setup and next possible target

2 048
Looks like Gold has accepted its faith and is preparing to drop like a needle. The price has been consolidating for a while now, so a big move should be around the corner. We were bullish on this pair before, but our sentiment has changed at last. We are now expecting the price to keep dropping and reach the area of important demand identified on the chart.

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