IS GOLD HEADING FOR A RETRACEMENT???
Guys i see an opportunity to go short on GOLD ''xau/usd". lesson no1. The market will always remember where it once found support or resistance in other words the market has a good memory. 1344.41 zone has a kiss touch on the daily frame and we on the weekly time frame we are far extended from our mean,i believe we are due for a retracement to find support around 1295.52 zone before heading higher.Thats my bias on Gold if you take this trade you enter it at your own risk analyse the market and confirm the tade.im currently profitable on the eru/usd and on the nzd/usd trades that i took this week,im adding gold as well.i closed the gbp/aud since it was going against me........GGOD LUCK
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