Sneks
Short

GOLT it's time for correction

COMEX:GC1!   Gold Futures
GOLD has found a good resistance lever at 1440. While this levels holds, we will see recovery towards 1402 first target and if it breaks this level it will resume the down move and test the 1.1342-11336 level which is 0.618 retracement of the entire move up and 55 daily MA
Trade closed: stop reached: Be careful, RSI is forming divergence. We need close above 1440 for confirmation so the up side bias prevail
Great Fibonacci placement !
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