simontien
Short

One more clue to short gold

FX:XAUUSD   Gold/U.S. Dollar
Idea posted before Christmas holidays posted at is still valid.

Price is now approaching a daily resistance level in conjunction with a bearish butterfly pattern completion.
I think of this pattern, strong enough to make a correction (about ur 1st target) before gold do for long to another resistance.
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StephanusCahya StephanusCahya
or if i false, it will go down about 1051 again (best support)
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simontien StephanusCahya
The most important thing is to reduce the risk moving stop at breakeven if the price hit target 1.
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