MDSADI

Short on Spike above $1590

Short
MDSADI Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Just getting off the long ( see related ideas ) , i think price is pulling back to broken support after the QE news helped Dollar sell off, but in this desperate times Dollar bid might still remain. So, since technically i see a bearish crossover on daily ( not reliable as cloud color is green ) , i would take my chance with 26 ema to act as resistance on a daily closing basis. I guess NY would shot the price above $1585-$1600 range and that's when i plan to plot my short.
Comment:
Surely this idea failed
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