Who will hold a long position into the holiday? I think most of the funds and the big players will not.
So when comes in price will break below the 200 . If many of the banks are thinking the same we shouldn't be surprised if the "Contract Dumper" who sold gold 2 weeks ago on Monday will dump again to push gold through the 200 before USA opens.
Let's see if we break down violently the 200 in the next 2-3 hours.
Target is : 1214$
all red markings are from him ... i have not seen it like that... and on the same day i draw on his chart a prognosis with yellow / black lines ... today / tomorrow could the predicted down move be accomplished - the best at 1217.50 .
i myself posted short on the last top... and today a bit too early ended... now i am long-oriented with the 2 TP which i have posted.
condition: no through at 1214
so, now the right link