2018 is the year of GOLD

XAUUSD has run well ahead of itself and is taking a breather! You may be able to take some profits shorting it, but it's very risky trading against the main trend upwards. Bounce against 1320 is going to signal an opportunity to buy and go long. Weakening DXY is going to continue keep the yellow metal rising and I see no reversal for either of these assets in 2018.

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