EzraCapital

GOLD- XAU/USD downside breakout. $1140 next downside target

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Held the short bias on GOLD for a while now, which can be seen on some of the last XAU-Related posts.

Been sitting tight awaiting for a daily trendily break to the downside which came through today! Amazing.
$1195 was my first downside target then today 1180!

All live real time analysis can be found on our #TechnicalTuesdays volumes 18-21:https://www.youtube.com/watch?v=HotzoW2Hbd4

Anyway ....Gold has put in the lower highs on the weekly and we are now looking at 1140- 1130's as the next downside profit targets...Once achieved and a new WEEKLY low is made We will publish the monthly view with our SOLID downside medium term downside targets.....A brilliant place to buy GOLD (Bullion too) and hold throughout 2016!

The metal needs to come lower as there is a much bigger picture in play right now on the planet.

THANKS ALL FOR THE LIKES AND FOLLOWS! THE OFFICIAL RELEASE OF EVERYTHINGFX.COM IS VERY NEAR!

KEEP PIPPING....

REGARDS.

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