Gold Spot / U.S. Dollar
Short
Updated

Gold short

141
Gold broke upper channel, retest and failed. It moves down back into channel and broke the channel floor. I expect gold to continue to drop to 1198 and will look for re-entry to pick up from previous Gold short idea.
Note
Took some profit at the 1.29 structure and re-enter position today at 1.295
Note
Ignore the last. That was for GU. I did add new positions at 1224 this morning.
Note
Gold may retest upper channel to form a bullish butterfly
Note
Gold may retest upper channel to form a bullish butterfly

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