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Are Gold And Aussie Headed Lower?

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Jan 20 2020

Good morning traders,

In the last few days we have seen a very nice reversal lower on both audusd and gold, so we are wondering if correlation is back in place. At the same time, we have seen USD index recovering with more upside potential which could actually cause more damage to GOLD and AUDUSD prices. We see both of the markets moving into some interesting resistance levels, so I would not be surprise to see a reversal lower in upcoming days.

For more details, watch the video below.


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