XAU Trading Outlook (09-08-2013)

TRADE OF THE DAY: Once again, no surprise, long AUD is my trade of the day. I still prefer to play this idea against the USD, so buy any intraday dips towards .9050 with stops below .9020. If you prefer to play against the EUR, then sell EUR/AUD near 1.4730 with a stop above 1.4775.

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