After watching Gold loose momentum over the last few hours, Expecting to see Gold drop all the way to the 1800 area (38% retracement) if it is unable to break resistance at 1827 but manages to break the bullish trend-line. Also probability of a fake-out till 1833 (which has been a strong resistance level) to gather momentum for the drop. Opportunity to scalp writhing that push window. All together my bias is long term short on Gold this week. Good luck!
Kommentera:
Gold did exactly as predicted. Let's look out for next move guys!