XAU Trading Outlook (27-09-2013)

TRADE OF THE DAY: EUR/AUD again looks like the stand-out trade for me, with clear resistance at 1.4460; sell intraday rallies towards there with fairly tight stops in place. There are also good-sized orders reported in the EUR/USD, so playing the edges of a 1.3460/1.3520 range would seem to make good sense.

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