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MiggyR
Dec 23, 2019 4:45 AM

GOLD SHORT Short

GOLD / U.S. DOLLARICE

Description

*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
Comments
kikitorr
maybe we seeing a Fakeout...
MiggyR
@kikitorr, bulls looking kind of strong early today but died out.
PIPLAND
good perspective sir.
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