Price to resume after settling down from strong sell off / take profit on Friday night.
Previous supply price at 47.x to 48.x.
Target demand price 49.x to 50.
Short from price < 112.
Price at 108.x / 109.x is viewed as a support turned resistance.
Short only if you are still holding a hawkish view for the XAUUSD.
Buying frenzy going on.
China bans new ICOs.
China introducing goods and service tax for cryptocurrency transactions.
Upside risk: higher highs.
Downside potential: everyone's selling at -5%.