smitheric1970
Short

Gold Weekly Supply

COMEX:GC1!   Gold Futures
451 0 13
Fear seems to be in the air the past couple of weeks and gold             has been responding; I believe this will be short lived and I am looking at the Oct/Nov 2016 Supply/Demand exchange level for a potential reversal.

If prices find resistance at the 1238-1258 zone then I'll expect prices to retest the 1185 support level in the coming weeks and with a continuing strong DX             , for gold             to retest the 1100 level in the coming months.

Short entry: 1238-1258
Stop Loss: 1271
TP1: 1185
TP2: 1100

Good trading all!
Trade closed: stop reached
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