Gold- Updated chart

I guess our level worked well over here. Indeed it was a good a day to go short on Gold: www.tradingview.com/...ood-day-to-go-Short/

Gotta love it when the chart works well but what's next?

1750 rejection at 0,61 Fib level and new stop loss right above it.

Take profit targets are:

1725 (83% of getting there)
1710 (67%)
1688 (59,8%)
1670 (38%)

There is also a probability of 39% to see the price break under the 1670 support. Which wouldn't be good news for anyone unless he/she is solely sitting on US Dollars and no exposure in any other market...

Will post a dolalr chart as well.

One Love,

The FXPROFESSOR