I'm wake up early this morning to see Gold chart, so scary!
My commentary posted for gold trading on Sunday with stoploss higher 1049 level,target up 55-58 and 61 level.
If you look to monthly chart now,you may dare not to short gold now.So if you want to sell gold just wait for top shadow from some top last day,put stoploss higher 1070 level.
My view gold will test up higher 1086 level for first target if the resistance 1070 was break up,daily chart has a nice form to go up.
Buy gold around 1058-60 again,stayout if gold drop below 1056 level.
Target 1067- put stop profit to see gold testing the top 1070 again,holding your position when gold could break up resistance.
Post some other product later, I go for coffee first!
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