GOLD | Time to cool-off ? | 10 JAN 2020

STRONG rejection from $1,600. Huge sell-off is expected to continue during Q1 2020.

On the technical side, there is a clear break of the upside trendline. So might see a quick $20-$30 drop very soon.

P.S. Yes we know what happened with out last analysis, but this is the market, you are never 100% correct. For that, we'd like to leave the following quote:
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota