If we can hold above the 1180 level which I think we will then I can't see us falling that low... But anything can happen. Would be an amazing entry point if you caught the reversal simultaneously. Seems rather silly gold is selling off this easy as a result of QE ending, market knew this was happening for 6 months+, This to me just looks like a ploy to get amateurs short before they rip gold up. Remember, GOLD in AUD terms is hardly down, the USD has just rallied.
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