Gold- Updated chart
I guess our level worked well over here. Indeed it was a good a day to go short on Gold: 
Gotta love it when the chart works well but what's next?
1750 rejection at 0,61 Fib level and new stop loss right above it.
Take profit targets are:
1725 (83% of getting there)
1710 (67%)
1688 (59,8%)
1670 (38%)
There is also a probability of 39% to see the price break under the 1670 support. Which wouldn't be good news for anyone unless he/she is solely sitting on US Dollars and no exposure in any other market...
Will post a dolalr chart as well.
One Love,
The FXPROFESSOR
Gotta love it when the chart works well but what's next?
1750 rejection at 0,61 Fib level and new stop loss right above it.
Take profit targets are:
1725 (83% of getting there)
1710 (67%)
1688 (59,8%)
1670 (38%)
There is also a probability of 39% to see the price break under the 1670 support. Which wouldn't be good news for anyone unless he/she is solely sitting on US Dollars and no exposure in any other market...
Will post a dolalr chart as well.
One Love,
The FXPROFESSOR
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