Because of the bond yield and gold divergence, as well as the excellent US NFP data announced last week, I believe there is still room for gold to fall further. So, with a stoploss of 1775, plan to short gold between 1758 and 1760, aiming for the triple bottom level of 1674.09 or the lower low level of 1659.53.
Happy trading, everyone!
Happy trading, everyone!
