Velja

XAUUSD

Short
Velja Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Daily "dark cloud cover" followed by "3 black crows" , pull back, followed by daily bearish engulfing - well, this is enough for me to say that I have point C of potential bullish Gartley pattern which should fill as some $40-$45 drop in the price of gold. I`ll keep short positioning and look for potential longs if Gartley gets filled. I wont be surprised if the price falls even lower, to demand.
Comment:
SL in profit, risk free.
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