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UnknownUnicorn909211
Jan 20, 2018 4:44 PM

Short gold to 1306 Short

GOLD (US$/OZ)TVC

Description

Short to 1306, rejected trend line which has been in place since 2018. Last time it rejected this trend line in September 2017, it dropped from 1355 to 1250. Last time before that was July 2016, where it went from 1375 down to 1125!! Look at the chart. RSI High, could be higher. If Gold breaks this CTL I predict 1355 up, next stop up would be 1375..Short for now, clear rejection.Down to 1306, 0.786 Fib and next demand level...
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