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GOLD Monthly basis prediction

Good morning guys, hope you have all had a great weekend.

As we can see price failed to close above the monthly key level which could indicate bears stepping back into the market.

I will be looking to short and hold a swing position all the way down to the 1585 level which perfectly lines up with our trendline and the monthly supply and the 200 SMA. I will of course be adding a lot of positions should price move in my favoured direction.
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