Trendhopper

Gold - Short, 1243/1244

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
I was expecting a fifth wave, however price overshot the 1238/1239 zone to 1232, now its a long way up for the fifth wave and there are 2 more levels of resistance, so I have changed my outlook and now expect Gold to falter on one of these resistance areas, probably 1243 with a sharp fall next week to 1215 ( A WAVE on longer timeframe). Just my thoughts, trade your own plan.
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