4th Extended Drive Gold Shorts Explained.

Short

Gold Spot / U.S. Dollar (FX:XAUUSD)

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

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Shorting Gold into 1850.00 as mentioned on prev analysis. Commodity went 60-70 pips past crucial weekly level to take out all intraweek/swing sellers and also putting in buyers into the market. It has made 200+ pips in just the Assian session so im expecting a intraday meltdown into the current LOD for the next two sessions ahead. Feeling confident about the move but anything can happen in this market so trade smart. Let's grab this bag for Christmas! Peace Out

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