BombayBulls
Short

Gold short set up for today

FX:XAUUSD   Gold / U.S. Dollar
38 1 0
Again nothing fancy here. Trend is downward and we are just looking to get better entry again. Nearby resistance is around 1170. Looking to short gold             near 1170 for quick trade. Usual precautions apply and need to be nimble to take quick profits on partial position as soon as we get few bucks in our favour.

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I don't think we are going to see 1170 today at all. Maybe next week the 20th of march because of the gold meeting.
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