TVC:GOLD   CFDs on Gold (US$ / OZ)
Strong momentum to the downside with 12 red candles in a row showing up on the 5 hour charts tells me one of two things..1) A short squeeze is coming at the 1320 demand zone and we're going up or 2) we burst thru to the down side with confirmed close below 1318 and retest the old demand zone at 1307. My previous short target has been hit from the supply area all the way down to the blue zone..markets have yet to show any signs of any breakout so i'll continue to play the range.
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