


After 3 profitable Short trades, I am hoping for a new bearish trend on Gold and 4th consecutive profit. Still no solid bullish signs (this upwards movement is just a small correction and before the Nonfarm Payroll - I don't think we will see any strong bullish reversal signs). DX couldn't cross 95.00 and was declined on resist line, but still it confirms that...
Take profit #1,215 is hit and Gold went up as expected, but DX is still struggling to go on upper level and probably it won't succeed and that's why we will see (for a 3rd time) strong bearish bias and Gold going down to #1,214,40. I'm on Short position again, TP intact.
Gold is on strong bearish trend and the price is pulled downside by USD price (Dollar Index). Gold lately lost cohesion with DX, but soon enough we will see both ends together and cohesion will be back online. My first take profit is #1,215, and after a long swing position to #1,321.