XAU Trading Outlook (19-08-2013)

TRADE OF THE DAY: AUD/JPY is starting to treat us well so I like sticking with the same trade, buy intraday dips to 89.00 with stops below 88.60. I also like the bearish EUR/GBP play, so I’m looking to sell intraday rallies to .8560 with stops above .8600.

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