justaname
Short

Gold Short on Dollar Strength

FX:XAUUSD   Gold/U.S. Dollar
107 0 0
Possible breakout to 1190 if it breaks out of that small channel, and continuation if EU keeps an uptrend, though unlikely.

Else, short. As much as gold             buggers say only good news about gold             , at the moment, there's still time to short gold             .
Gold             is following dollar price therefore no moon for gold             yet.

When BTCA (Better Than Cash Alliance) will withdraw all cash off the market and no one will use credit cards, then gold             , silver             and bitcoin/other crypto will come in use. But that is unlikely. If it would happen, here's the scenario, according to a Durden:
http://www.zerohedge.com/news/2015-06-06/literally-your-atm-won%E2%80%99t-work%E2%80%A6

So until then, short gold             with confidence, until that last trendline is touched, and then watch out, possible US QE             is coming on June 16, so... might wanna buy gold             at 1160.
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