after months later we see that gold /usd reached ath and passed it 150$ more, and now its pullback time. during the 2011-2012, it tried 1575$ support level 3 times and at the 4th time it was broken, now it seems like same, it will make it a support and if it`s broken, gold will drop to 1550$ levels. this is not a financal advise, for education only.
How GOLD made biggest trap for Buyyers in this idea said that there would be a downward movement. False breakdown of the trend (circled by a yellow oval). Buyers were activated. I remember how all the authors wrote about growth. and a sharp collapse continued to fall. the trend began to descend. at the wrestling triangle, you can enter into a deal. Below...
XAU/USD Gold fall correction On MACD Bear Divergence Long deal