XAU Trading Outlook (09-10-2013)

TRADE OF THE DAY: Same as yesterday so patience needed in AUD/JPY which has some very strong technical support towards 90.00. Wait for exhaustive intraday dips and keep stops well below 90.00. Another good risk-reward play is to buy AUD/NZD on dips towards 1.1325 keeping stops tight below 1.1300.

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