My plan on Gold is looking good (See previous idea)! Time to flip short ! I missed grabbing mine right @ open on Thursday but, there was a strong reaction to this area, which is a good sign of selling pressure. Looking like we may go back to test these highs/this area, hoping we do so I can get an entry on this. This short could be huge if the China Trade Deal goes well as Gold may break down even lower so, definitely trying to get some skin in the game here ! 1st target would still be 1425.
Trade active:
Trade closed: stop reached:
Obviously, this trade went North, when I was betting "South"... Lol ! Stop reached, Gold has broken out is now a buy ! Technicals don't really add up so, thinking this had more to do with the News and fundamentals really...
