very peculiar situation on gold .
analyzing the structure on a it looks like chances are still high that we will see a pullback
from current levels 1453 - 1460 and I still keep my long active.
it looks like selling pressure is also accumulating.
if bears will manage to break below the underlined zone
it will trigger a massive selling reaction and will drive the market even lower to 1440 levels.
as it usually goes with the financial markets,
we have a very ambivalent situation.
be flexible and follow the market!