lucasmainenti1
Short

Gold Sell Fib Retracements

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold sell down to 1465, 61.8 fib acting as strong resistance and buyers losing power. Hoping the dollar stays strong the rest of the week also.

Comments

The very bullish gold fundamentals are working against those lower levels under 1490. As stanketa says, the whales (banks and others) are buying.
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Money flow now down, could be right? We"ll see?
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Looks like you are wrong, banks and other whales of trade still buying gold.
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Do not sell gold yet look to hit it from the 1530 area.
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