motleifaul
Short

Downtrend intact

FX:XAUUSD   Gold Spot / U.S. Dollar
66 1 4
The retracement of the upmove since yesterday evening may be finishing. In the short term we have a falling resistance line now which may be to hard to overcome. as the downtrend is intavt and has been corrected I prefer the continuation of the downmove from here already.
Trade closed: target reached: I am closing the deal aking the profit. We are in a kind of undecisiveness now. For several time periodes we have not yet surpassed the support zones. Thus we have to be reluctant.
Comment: I am not "aking", but taking the profit of course.
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