Gold has been very choppy these past 2 weeks. the reason why i believe its been so choppy is because the people who are buying gold want to secure some of there profits at the top hence why the trend keeps hitting those key levels and moving down. Buyers lost momentum march 5th and the follow week after. look how price hits those level of 1341.33 Then moves lower to 1330.72 if we can see price close below 1304.56 we might see a lot of selling power come in because at that level is where a lot of selling power came in November 7th 2016 ( where the giant P IS ) that was the day was the election day for US! and also rate hike is next week so this may trigger another huge drop in gold if all levels are broken and met stated above. & that also means that level of 1304.56 is very significant and means something important.
Trade closed: target reached
MRXAU