Video does the talking. Key things to take away from this:
$1586 is corresponding both with 38.2% and 1.61% levels as shown. It is a key level that GOLD will test.
UpTrend is on for Gold. Day traders are long but longer term players might bet against the trend after a test above $1586.
Take it easy team. If you want me to make videos like this on Stocks, Forex or Commodities , let me know. I'm looking forward to your contributions to this post as well. See you on the next one. ~Bo Bugra