If gold would not bounce from 1240, and keep going down, I will watch the price action around 1236 and consider taking a long position with conservative target at 1245.
Comment:
No bounce directly from 1240. Gold is showing really a lot of weakness now. Lets see what will happen a bit lower...
Order cancelled:
What a bounce... :) Bounce back started at 1238... Did not take my position from 1237-1326...
