TimZhang

$DUST look at it in more details in trendline and patterns

FX:XAUUSD   Gold Spot / U.S. Dollar
92 5 5
actually dropping below 1200 is NOT impossible, that's the last downtrend line, it is the support line which runs right near 1150 area.
i dont think it will go that low but $1191- or 1175 is possible
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The trendline could be tested. If lost 1195 battle at POC, 1140 is the border of the VALUE AREA.
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I hear you! :)
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1200 will be a battle very soon, if bulls lost the strong hold at 1195, heading down to 1140 is very possible. The trend is shifting to the short side.
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To test it, will hold DUST for a few more months, see if it would work out.
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