FX:XAUUSD   Gold Spot / U.S. Dollar
Hello guys and happy new year! We saw a running goldprice the last days. Does it looks like a normal move? No, it doesn´t.. look at the the candles. The last eight days we saw higher prices, after a downtrend! Strong move, maybe it is a breakout, but then we need to have some correction pattern. It is totaly overbought, so we look for short at the retracement for a strong move down. I think we will see at least 1280. From there on we have to wait and see what will happen. Good luck with the first trade this year.
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