News Column

Gold Prices Set to Fall Further

January 30, 2014

David Rodriguez

Gold - Retail forex traders have bought aggressively into Gold price weakness versus the US Dollar , and a contrarian view of crowd sentiment leaves us in favor of further weakness. Trade Implications - Gold: One -sided crowd sentiment and Gold's failure to close above key technical resistance suggests that the next major move will be lower. Contact David via


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Source: DailyFx


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