MasterThePippage

GOLD making mad moves lately.

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Wagwan traders. Gold has been making mad moves lately. Price doesn't seem to know where it wants to go. At the moment it is very close to the lowest point we've seen in the past few months. Price did go down to test it this week but got rejected quickly, almost the same move it has made the past few times it tested this area which shows how strong this support is. Personally I think price is bound to break this support line and fall further, I am currently in a short position from 1950 and will keep holding unless price makes bullish moves up to 1890-1900. Very curious as to what your guys predictions are so please let me know in the comments. xx
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