Short XAUUSD/GOLD, long USoil.

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Short XAUUSD/GOLD, long USoil.GOLD / US DOLLARPYTH:XAUUSDMichael_K_9From a technical and fundamental perspective, oil prices are expected to continue rising, while gold prices will be pressured. This distorts the trading environment, so short-term trading should focus on shorting at higher levels. Watch for shorting opportunities at 5130/5174, and consider closing orders below 5050. Oil prices are expected to continue rising. If you are also trading oil, you can continue to go long. $80 is a good entry point.