PetarJacimovic
Short

Sell off in a heavy volume in the background (Strong bearish)

FX_IDC:XAUUSD   GOLD / US DOLLAR
57 0 4
I found a very strong bearish view on the GOLD             . I saw sell off in a heavy volume and breakout of the upward trendline . Futures Gold             chart also confirmed heavy volume and 320% increasing volume from the average. My near term target is set at the price of $1,234.50. Anyway, I will follow price action             and move SL according to price action             .
Comment: SL secured on breakeven. Final target at the price of $1,234.00.
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