FX_IDC:XAUNZD   GOLD / NEW ZEALAND DOLLAR
0
Overall Gold looks pretty bearish against Kiwi as well. T.L Resistance from December 8th remains intact.As long as Price remains under it.Look for selling opportunities.Currently we are very close to the 61.8% extension of the move that started from 8th of December. We could see some consolidation here and perhaps retrace higher before breaking lower further , However on a clear close under the 1550 mark.It's still not a bad idea to go short with targets of 1536-1524

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