Long term bullishgold ... however useful short opportunity as we approach 1306 high. Will be looking to load up long if we get a decent dip. Copper lead the sell off see "Copper Short"
Short at 1287, SL 1310, TP1 1183
7 months ago
Short at 1287 and looking to add into 1300
Gold a model example of a bear range recoil.
Range set Jun-Aug'13; 1180-1430
Click - Broke out south Nov'15 (red ellipse)
CLICK- Recoiled almost exactly to the 50% fib (blue line)
BOOM - Surged below previous low in Jul'15