GOLD: Very close to a big Rejection..!!!!!

٢٢ ديسمبر ٢٠١٧

Gold is at high resistance point and is at 61.8% fibonacci retracement. I expect a strong rejection at this point and I am bearish for the near-term and targeting 1220-1200 area.

Trading Recommendations: SHORT at 1274, with stop loss at 1290. Target at 1225.

Good Luck