fortuneteller
Short

Gold May Lose All the Gains...

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             may Lose All The Gains as it is making reversal patterns already in Daily and Weekly Charts, Also Us Dollar             is looking to gain little strength in Technical Charts and if market rally continues, then investors will enter in stocks and free up their capital from Gold             which will make further pressure on it.
expect a breakout, not a pullback, especially in silver as the ratio silver:gold is at a historic low. Not going to see losses in gold or silver when the Federal reserve can't raise rates!
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I think otherwise, it should consolidate around 1216 and then make a dash for 1300s before having a bigger reversal in July as the market stabilize and rally towards end 2016. can start looking at gold again in 2017
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