GoldTrader141

Gold Trend

Short
GoldTrader141 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold will not going too upside with the large short position held by the commercial hedgers

For my opinion , gold may not get above 1533-1535 area ,

there will be some bounce in late October -early November because of the India festival on gold,

after that It may drop and re test the 1415-1450 area than back up to 1600 -1700 area
Comment:
Good profits
Comment:
Sell the rally
Comment:
Good profits
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