GOLD has started to develop now the SELL into rally. We have a falls bull flag pattern weekly chart, and we are overbought. My previous update on GOLD stated SELL near $ 2,055 area, and depending to how risk adverse, one might have sold. For now, strategy is as follows:
SELL @ $ 2,015 and again @ $ 2,035. Profit objective $ 1,917 for now and place a stop-loss near $ 2,078 to keep the risk balanced.