shailesh_kp

Break of 1178 and the gold is down

Short
shailesh_kp Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
9
the gold fell from 1370s and hit the bottom of 1120s... very interesting point is it gave a correction till 38.2 level.. now can short and target 1133 again.. no strong fundamental supporting to buy gold
Comment:
failed to break 1178.. very tough to say what is going to happen .. tonight fed announcement will give the course of action.. break of 1224 can lead to the target of 1278
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