1) Gold is predicted to go below the 1210 , in view of the fact that Gold above 1200 is considered very expensive even though it is deemed to be a safe haven asset. But comparing the relatively good yield on the USD currency-related Trading, and the relative weakness on both Equity and other commodities, it is thus logically assumed that Traders will dump Gold and switch their positions. The price action below 1210 will send the gold towards the 1100 level.
I have therefore executed my above comments with respective Trading Actions immediately.
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