Gold prices would need to close below that upper trend line for us to consider a short term sell. We would also ideally like to see a retest of that trend line as resistance.
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The short is definitely on for gold. Early entry would be a close below 1384. those who need additional conformation could wait for price to break the upper trendline. For the super conservative a retest of the trend line to find resistance.
futuresGoldTrend Analysis

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