SHORT Gold can move down to 7 - Months Low

GOLD ( XAU/USD) Weekly overview

Currency rate bounced from key sell zone $1306. If you take a look on chart, there was 4 — months accumulation of volume , after it price moved down, W1 close under it. Week ago i wrote that price with 90% probability will move down.

For us is better for open short on PullBeaks. Long — term goal is $1236. Trend will turn on bullish only if price will break up key level $1306 and D1 close upper it.