GKCharts

Gold strength into next short opportunity

GKCharts Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Anticipating continued strength into the $1124-1134 zone for another daily swing short opportunity, once this zone is reached will look for failure/reversal on 2hr frame to execute. Risk above $1195 target would be December 2015 low offering the opportunity to to build into short position with exit objective around $990.

Comment:
Continued strength playing out in anticipated fashion approaching zone for longer term swing short entry as described in original post.
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