Gold is reaching Fighting Zone.

Gold is reaching Fighting Zone.

I marked this yellow zone and we are going to see
two results:
1. bulls take control and break 1259 then we want to buy
2. bears take control and reject the price below 1240
then we wan to sell.

הערה:

הערה:

הערה:

After ECB DXY breaks new low and gold goes up
now the price make new high in the daily chart so there is no doulbe top.

right now there is no trades entered and i will keep updating in the future.

הערה:

Gold touched 1261 and fall.

if the 0.618 level can hold, i will consider to short.