short xauusd for short to intermediate term

FX:XAUUSD   Gold/U.S. Dollar
63 0 2
7 months ago
This looks like a shorting opportunity after filling th gap left yesterday. But i think the economy is not doing as well as the stock market indicates so I am going to remain cautions on gold             since it is counter trend to the s&p             . the govt needs to have the economy look better than it is hence the new high in the stock market . I dont believe it. when things look different than what is really happening these days, I remain on alert. Maybe gold             and the stock market are diverging.
7 months ago
Comment: trading below 1338.14 would confirm intermediate trend is down. short term bearish until confirmed.
7 months ago
Comment: short term short from current level or confirm on trade below 1342.60 and intermediate term short confirm on close below 1338.14
7 months ago
Comment: short term target 1338.14
second target 1323.67
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