current gold (spot) and indicators.
most of the market melt down today.
gold is still resisting.
but indicators are indicating a weakness.
gold bulls to be mindful tonight and tomorrow.
gold was just down for a couple of $ and reversed extremely high which is totally unexpected move.
most of bulls would have been killed yesterday.
today, all the bears would be killed.
daily chart is forming a serious selling pattern. price above 650 will only invalidate the pattern. otherwise, i would expect a deep fall.
short @ 644.6
stop @ 648.5
target @ 632
long gold @ 633.2
stop @ 630
target @ 638
long eur/usd @ 1.2957
stop @ 1.2925
target @ 1.3020
short usd/chf @ 1.2462
stop @ 1.2505
target @ 1.2420
calls are just for intraday trading and valid only at the time of post.