Gold (XAU/USD) Update

Gold (XAU/USD) Update

Also, as on ''USD/SGD'', I close this deal. But there is still a powerful downtrend. Take a look on this chart as I write 2 weeks ago price bounced from big Range.

At this moment I don't see any technical reason why It can change to uptrend.

If the price will make a Pullbeak to Sell Level $1281.98 I will open Short. There will be the safest place.

S/L set 50 pips upper $1281.98
Goal (T/P) is 7 months low $1236.13