GOLD: under pressure before the ADP publication on employment in the US private sector

October 1, 2015

Sell on a level breakthrough of 1121 with 1101 target. Stop loss = 1131.

Reason for the trading strategy

An increase by 192 thousand people in the number of employed in the US private sector expected in September may support the world's reserve currency. In the short term, the price of gold risks falling below $1121.

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