Gold lower after the Swiss referendum failed!

gold 01.12.

On friday gold broke important support level at 1178/80, and close the week at 1166, but after the Swiss gold referendum failed over the weekend, gold opened the week even more lover for 12 usd, at 1154. Looking bearish now and aiming first minor support at 1146/48. Stronger support is waiting on the 1130/32, previous low from November 07. This could be an interesting day here and I woudn’t recomend trading. Not today!

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