what makes you think it will go to 1200 level? If fed not going to hike, next week this is going to spike. This time it will hit 1400+. you got in JDST doesnt mean it has to go down so much. uptrend already started. I expect lit pull back here due to overbought. But long term i see as huge bullish from here.
I have another macd chart w/ multiple Head and shoulder patterns. We should have broken 1356 today on gold, i'm giving it between 48-72hrs to do so. I'm only longing gold above $1365, until then its a trade