Technically we can see Gold's move is corrective on weekly chart and have trendline resistance at 1330-40 . This corrective move may be due to ongoing Iraq crisis. I'd prefer to go short on market price $ 1316 with stoploss 1335 in short term and 1355 on long term , with short term T.p 1260 and long term T.p $ 1220

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shortSupport and ResistanceTrend LinesXAUUSD

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