Gold- correction sill in place?

7 בנוב׳ 2019

Gold is having a hard time staying above 1500 figure and it seems it still has to correct. A break of 1480 support can expose 1440-1450 support zone, which also coincides with 38% Fibo of the previous leg up.

Strategy:

Sell on break
SL above 1500
TP @ 1450