Gold Had a huge rally starting around Jan 2016 and has been trending up ever since. We are currently in a pull back but still within the bullish trend channel. I am currently short on gold but i am waiting for price to hit the green price zone around $1316-$1300 to see if I should add more shorts or start to think about longs depending on price action.
We currently have a RSI & MACD4C Bearish Divergence leading me closer to the short idea.
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price is now very close to the zone where i will either enter long or add more shorts