Gold coiling up for major breakdown

FX:XAUUSD   Gold Spot / U.S. Dollar
1474 14 6
Gold             is testing a key trendline as it's remained in 'neutral' territory for its longest stretch since 2010. A breakdown targets a much larger decline and a resumption in the multi-year downtrend.
I bought at 1108.00
Should I sold or hold upto 1030.00
I bought Gold 100 at 1008.9.
Should I hold
I feel it may chance of test 1133 yesterday close or atleast 1130.
Not bullish but bounce back?
rien sjroden
I agree with a longer term breakdown but patience has been required - I have been selling rallies for the last 2 months, average short around 1200. Price and signal below Ichimoku cloud. Elliot Wave count suggests we could be entering iii of 3 of 5) lower, so it could be a very dynamic and persistent sell off if this is correct
dbriscoe123 dbriscoe123
Not sure how to add the chart on here but feel free to contact me if you like David, I think you have my contact details (RetiredHFer)
jonmarran dbriscoe123
do you still see value in selling at the current price? (1135)
I see 800 is very realistic
DRodriguezFX LWInvestment
What do you see at 800 that makes you say that?
Trend_Surfer DRodriguezFX
Do you have a specific target?
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