Technician
Short

Gold: Some downside potential!

FX:XAUUSD   Gold/U.S. Dollar
5632 16 139
I see some good downside potential for gold             in the near term as the price has completed a bearish breakout below key support levels. If we break back above 1350 this scenario will be threatened.

It is just my view. Trade Your own view.

You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technican
Trade active
Comment: The price action is a bit messy. If it breaks above 1340 i will close trade..
Trade closed manually: The price fails to react to good u.s. news. I closed this trade at 1327.00 . 10 dollar profit from entry
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Skype: Technician - The forex channel
Great catch mate, always creating perfect setups at the market ..
Glad to see you back ;)
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particularly today have closed my GLD trade as well after your comment on 1340... closed with min upside and no regrets. this is an eye opener for me. thank you sir.
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Technician TOP srinivasvk9211
Glad i helped
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Closed Trade.
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better don't fight gold now...
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i realized it but bit late... lost a lil bit of my upside ride...
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What your current view about this trade? will still Gold fall to the predicted level as your chart?
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Technician TOP Daniel-Malik
To be frank the price action is a bit messy. If it breaks above 1340 i will close trade..
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looking good ..
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So far :)
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