TVC:GOLD GOLD (US$/OZ)
started forming divergence since April. Gold taking support at 1200 and bounced back. Now as it broke that support, it will act as a resistance and may test it again. Next major support is at around 1050. So, Sell Gold at around 1195, while it goes back to test 1200 for a target of 1050. Close position if it moves back above 1200 and sustains.