Gold had been sailing quietly since markets open today. So far, I am expecting a spike in its prices at least to 1830 before dipping below 1780 in next two days. It won't be a bad idea to open a long position at 1800-02 and then short at 1825.

MACD, Parabolic SAR and then the formation of death cross is pointing to an upcoming fall of price in the metal :) Oh yes, notice that the candles are Heikin-Ashi, giving one better signals than the normal ones.

All the best!
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