XAU/USD (Gold) *Watch This level Closely.

Gold had a strong down and it is now a support level of 1,314 region.
Do not rush into and long as the PA of yesterday is way too strong for now.
It can break lower and go to support levels such as 1,275. So, if you are looking into wait for a time being and watch 1312 level closely.

In summary, Bulls do not rush in as bears clearly have upper hand.

Trade Safe

s0nic





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Comment:

If 1314 get broken. go can swing lower to 1300 first.

Longer term I am bullish and waiting to go in.

Comment:

It is going to go lower as expected and menitoned above.
Still can fall further,

LONG can wait. No hurry at all.