FX:XAUUSD   Gold Spot / U.S. Dollar
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2
Price broke the down trend line and neck line and found a support at
1170 zone again
with a retracment now to the 38.2 and down trend line came all at same spot
expect more downside move to back again to reach target at 1170 and lower

Comments

Nice call .. with the move today do you still expect more downside even after the move up today? It seems to bolster the downside channel bias...



Reply
thx mate
yeah ill keep shorting this gold til it reached the 1170 with expectations to break it to reach the 1050$
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