Gold will continue to decrease

According to my idea of August 09 the price will continue decrease to the level of support 1680. In case of overcoming this level down level 1650-1635 will act as the purpose (that is one of levels according to Fibonacci). Earlier the price returned to a downside channel and continued the movement down. Therefore I continue to hold the short position. The idea remains in force.



Information provided is only educational and should not be used to take action in the market.

Operación cerrada: objetivo alcanzado:

The first objectives (1680) are achieved!

Operación activa:

I wait for accomplishment of the second purpose.

Operación cerrada: objetivo alcanzado:

The second objectives are achieved!