HiTech
Short

GOLD TO FORM DOUBLE BOTTOM NEAR 1147

FX:XAUUSD   Gold Spot / U.S. Dollar
351 8 8
Gold             is in a steady downtrend without any signs of reversal up. Descending channel is being rejected together with the 50% fibs resistance level . Overall I'd expect price to start moving down from later on today. Target area is 1147
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Gold hit the target
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Entered short just now at 1162
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out of the trade at break even, looking for an entry again, gold could retest 1166 high before moving lower
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a bit more of consolidation, planning to short early next week
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thx for sharing

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HiTech PRO MaryJane
pleasure
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thank you
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pleasure :)
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