It's a matter of the Euro, not of gold...

FX:XAUUSD   Gold Spot / U.S. Dollar
36 2 1
that's why I assume that the recent rise of gold             against the dollar is not the end of the decline of the gold             price yet.
We may now see a retracement of the rise and perhaps even a test of the rising red bottom line.
The stop was tight and consequently I'd been stoped out with the remaining position overnight. Thus the good profit from the first tranche remains. May be we will see higher rates now.
I am taking a first profit already leaving the remaining position short.
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