Once again we are watching gold. It has been a volatile few days. Yesterday gold turned sharply down and today it is continuing on that move. After a strong bear move this morning, it is flagging and has almost retaken the baseline. The stars are aligning for another bear move soon. I recommend a short with a 2 point stop. Enter now or wait for the MACD to cross down again, depending on your risk aversion. Happy trading.
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From @netgains