Gold Spot / U.S. Dollar
Short

Gold- correction sill in place?

112
Gold is having a hard time staying above 1500 figure and it seems it still has to correct. A break of 1480 support can expose 1440-1450 support zone, which also coincides with 38% Fibo of the previous leg up.

Strategy:

Sell on break
SL above 1500
TP @ 1450

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