CFDs on Gold (US$ / OZ)
Short

20 profits in a row on Short positions

115
Hello fellow traders! Gold went down 10 Dollars which makes me sure even more that we are heading to #1,180.30 as announced in my previous posts. Scalped few excellent profits these 6 bearish months. Congrats who followed me! I have resumed shorting Gold as Hourly 5 chart is already forming a reversal pattern. With DX on successive Higher Lows Daily chart, my Take profit on Gold (spot) is still # 1,200808 and # 1,180.30 in extension.Daily chart is still neutral (RSI # 52.465) as it is near the 1,220.30 0.5 Fibonacci extension. I still give more chances to November's candle to close in losses this Friday. Wednesday is a key day this week (U.S. data).

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