motleifaul
Short

Correction due

FX:XAUUSD   Gold Spot / U.S. Dollar
39 1 3
Today we saw a substantial spike up to the median line . That's why I assume an overbought situation that calls fpr a correction down. Let's see how far.
As I had treded this with a tight stop I was stopped out overnight with loss. At moment it is difficult to reopen the position as we seem to be caught in the range of 1238-1223. I don`t know in which direction we will break out, whether we will see 1255 or 1200 first. So I am leaving the position closed for now.
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