Gols is running out of steam ?

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Due to spx recovery we can notice that goldbugs are reducing their positions . Don't underistimate stock market plunge protection teams . Short here with tp1 at 1480 and depending on will it bounce on 50ma there or not i will decide what my next position will be. I think it's time to a healthy correction to 1420 region for Gold.
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Stopped out BE.
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