Sell off in a heavy volume in the background (Strong bearish)

٢٠ يونيو ٢٠١٦

I found a very strong bearish view on the GOLD. I saw sell off in a heavy volume and breakout of the upward trendline. Futures Gold chart also confirmed heavy volume and 320% increasing volume from the average. My near term target is set at the price of $1,234.50. Anyway, I will follow price action and move SL according to price action.

٢١ يونيو ٢٠١٦

ملاحظة

SL secured on breakeven. Final target at the price of $1,234.00.