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NizarRahalii
Dec 13, 2014 4:12 PM

gold  Short

Gold/U.S. DollarFXCM

Description

sell gold
Comments
manijeh.kazemi.33
IvanLabrie
Makes sense, definitely an impulse. Thanks!
alex.a
Long time no see, SPX is historical percentage down per week in Santa Rally month. Very ominous, dude ~~~ Gold down??? Hummm -
NizarRahalii
still inside canal and move down 1140 is good to take profit i think ...
IvanLabrie
Those channels are so arbitrary...What about the recent price action compared to the decline before it?
IvanLabrie


Also, the global situation with stocks, bonds and other macroeconomic events is worth considering, as per Tim West's recent work.
Technician
Yep, there is a double bottom on the weekly as well
IvanLabrie
Interesting, I only saw that triple (if you consider the close there)...and highest low matching the last wick's low. :)
Technician
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