FX:XAUUSD   Gold / U.S. Dollar
662 3 28
After yesterday fall down gold             need make correction antil level 50% (1286)
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broke out down the 1260s... :(
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gold is showing its big correction. rising hike priced, most of trapped contracts under 1300 closed and most of bullish entries ove 1300 stopped out by this down moving. big boys are clearing bottoms to make a big smooth move up but this operation is not done yet and it may a last a little bit.
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I'd avoid doing any analysis for Gold right now :)
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