TradingView
chartwatchers
May 9, 2016 10:22 AM

Gold - Hourly reversal Short

Gold/U.S. DollarFXCM

Description

Gold was not able to rally on the bad NFP data on Friday.
All the gains are erased by now. Just as I predicted:

they cleaned out the shorts with the Friday pop and price falled again.

As we break below 1274$ bulls have to face a seriuos problem as they are on the wrong side of this market.
More