Yesterday I have alert that gold will drop to the first fibonacci level and the market did exactly just like I expected and we close a nice set of sells with a huge profit. Now from here I expect the price to bounce back and try to reach 1860 area because the price moved quickly and its out of the real value of gold. but needs a bit of time . On the other hand after a long time, its the first time that price break 1850 level for that reasons I believe the price start rising before looking for any further short opportunities. I will link my previous analysis for further reference. if you find this work useful push like please. Good luck traders.
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GOLD - GOLD -
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