my first analysis on GOLD was that it could make new highs but the long term goal was to head bearish. the bearish phase is currently in play as price as made a bearish pin bar on the weekly time frame which tells me that although the bull did their best to push price high, the bears had the market all along. entered a short position risking only 40 to 70 pips to get 246 pips which i feel is the lowest GOLD will drop to before a new phase of price action will take place. share your reviews and comments on any currency pair or asset . CHEERS and have a great weekend