Short Gold @ 1224

FX:XAUUSD   Gold Spot / U.S. Dollar
47 1 0
We have a low base forming with a series of doji's. We have a huge red bar closing below which is a low close doji . This is a classic channel and break down. indecision has caused this to move sideways. We are also below the S1 pivot . All data indicates very bearish sentiment. Look for more downside. Equity markets are looking for a huge move higher!

SL: 1237
Entry: 1224
Target: 1205
We have closed our position. Great trade!
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