Bigbadbozza
Short

XAUUSD Ready to Short

FX_IDC:XAUUSD   Gold / U.S. Dollar
My take on XAUUSD             for the near future. Currently at the 50% fib, maybe reach the 61.8% mark or move close to the trend line around $1260. Then short from there down to new lows. hopefully DUST and JDST             will sky rocket then when the miners drop. The dollar will need to move to new highs hopefully due to uncertainty about Brexit and the effect on the Euro             and the possible Fed rate hike. If the trend line is broken the NUGT             and JNUG             will sky rocket.
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