vdubus
Short

Gold long term short 996.66

FX:XAUUSD   Gold Spot / U.S. Dollar
440 8 1
Gold             long term short consolidation breakout down to around 996.66 and maybe as far as 683.36
Wow, back to 2008/2009 levels, when you say long term, how long?
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vdubus PRO BinaryCarl
I've been bearish on gold for a while. My best guess would be within the next 6 mths maybe be sooner. just waiting for the break out what do you reckon ?
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Well it doesn't seem to be able to lift itself up from the $1200 mark suggesting that without something fundamental coming along to give it some impetus, it will break to the downside, it's just how far & how quickly. What you are suggesting is Wile. E Coyote's cliff :-) Bold, but not entirely unbelievable. What makes you think it will drop so fast, up to $600 in 6 months? It will certainly be exciting if it does...
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vdubus PRO BinaryCarl
aimple price action but on a larger scale. Price always return back to its origin. But that could work both ways eg.
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snapshot
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1200 seems to be safe haven for gold
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Interesting, very interesting, we will see how this develops, thanks for putting it out there.
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