Helloandtrade

wait for break and close on yesterdays low or wait till retrace

Short
Helloandtrade Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
We can tell that we are now in a full bear momentum, also looks like that we have two ways to play this and catch some moves for one we can wait to break and close under yesterdays low to confirm that we are still on a bearish movement or we can catch a retracement but would have to wait but i have a feeling that this confirmation wont play out till a while longer since this break is on a daily as well bears have to really push through yesterdays low. I will see how this plays out
Comment:
it is making a retest which is what i expected to begin with at the 61.8 will still wait for more confirmation
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