Correction incoming

16 Eki 2015

After two successful defences the gold will break the trend line and will do correction.

21 Eki 2015

İşlem aktif

After breaking the support line, the price has reach 0.236 fibonacci line (1168) and sharply bounced off. In my opinion, it is the bullish trap.
The next stop for bears is at 1156.

29 Eki 2015

İşlem kapandı: hedefe ulaştı

My target reached.
The price is going down further and there is high probability, that it will hit 1137 next week. I'll probably try to enter long position then.