pato

GOLD:Bears look very much in control

Short
pato Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The bearish activity seen today definitely opens up some potential bearish continuation.
Trade closed: target reached:
I think thats enough gold trading for now. Ill be waiting on consolidation before I go short again. I think we have quite a lot of downside to go
Comment:
I think we get a reversal at $1208. Might consider going long at that price
Comment:
I have stops at $1200.00 and Take profit at $1240 (which I will adjust once I see some bullish activity)
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