Hey pennies. I hate to be the bearer of bad news but this is why I think shorting AU is a bad idea right now. I had to go out to the monthly and realized that it is also working on filling the spike. I don't think we will see any significant move down until price hits the .7728 area. That's another 187 pips away. It's over halfway there though. Right now it's stuck under the weekly 34 EMA or it would be there by now. Just MO.
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