Gold Spot / U.S. Dollar
Updated

Don't miss this move on Gold..

601
Hey Traders,

As gold rises again within a new formed downtrend we can look to take advantage of pops.

It's far better to short at the START and take advantage of the fall than at the end.

This means shorting in line with markets naturally (price action areas above that have fallen through and presented previous price rejection).

Watch for more.
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Likely MINOR longs available for scalpers. Would hold off and only be involved in an impulse to 1972 for shorts.
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If you took minor longs you should be out for minor gains. Still holding out for 1972 SHORT may come tomorrow on market news.
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Notice how price is still Pushing higher into prev highs. This is an EARLY sign it is not done yet and prefers a higher level for shorts.
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Short now
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Further shorts possible @ 2000. but only light additions. Remaining short bias from 1972 still.
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Exit shorts for gains.

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