ForexTrendline

The drop on GOLD is about to happen

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Yesterday we talked about the drop on GOLD

We are now over 20$ lower, and we're yet about to see the drop.

We're looking for a move down below 1730, and we will point out those lower levels in our analysis on Monday.

We've said many times that we should be trading what we see and not what we want to see because we've got a certain trade open.

Right now we're looking at a downside move and while that's the case then we will be looking for selling opportunities!

Best of luck to all of you!

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