Gold is in crossroads for weekly closing...

If this week close is above 1337 to 1340. Guess what, it will become a bullish close. So next week, it will only go up to 1800.

Comentário:

Clean version. What do you see?

Comentário:

I am not entering any position of swing yet.

Comentário:

Waiting for this week close to see if it is engulfing or "right shoulder"

Comentário:

Interesting wild rejection on gold there. I suspected as well. This bullish move is not "right".

Comentário:

The correction I have been waiting for. I already have some short position yesterday prior huge rejection at 1740.

I am looking at lower till next week if we start to trade below Pivot line.

Comentário:

Enjoy the weekend. I hope nobody longed and stuck... ;)