MiggyR

GOLD SHORT

Short
MiggyR Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
*Short term view towards Gold is Bearish
* 1473 Pull back would be ideal for TPs
* Long term looking for buys in Gold
* Next week or so before year ends is going to be crucial for gold.
Comment:
Asian and London sessions started off hot for the Bulls. But, 1486 still a strong resistance as our highest point in December after that big drop from the 1500s; until we don't break that level I still believe we are looking bearish.
Trade active:
Bears still have hope since GOLD hasn't broken the resistance at 1486-1487
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