Well as a trader... i think Gold is in its bullish pattern.. and fall till 1121 will be buy!!!!! We have Daily Double Top... and i don't take it bearish for long term.. To me its a bullish setup and for short term it can slip below 1200 as well... but more fall.. expect more buying.. for target towards 1550$.... dont miss if it goes towards 1180$ and 1160$ above old lows of 1041$.. consolidation is normal!
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