QGuo-Shane

Gold shows its weak signals today, be careful with all Long posi

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold shows its weak signals today, be careful with all Long positions. it had 2 same highs and 2 consequent lower highs and it has already on its new high for this cycle, i think gold will drop down slowly..... Now, it may be a top high for starting a short position to its lower target that may be as far as below 1580. Very risky to sell now as it still on uptrend without breakout of both sides of triangle pattern , but it is still worth to try with tight margin SL.