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Bullionite

June Gold trendline break and below 55 day EMA with MACD cross

Short
Gold Futures (Jun 2015) (COMEX:GCM2015)  
Bullionite  
COMEX:GCM2015   Gold Futures (Jun 2015)
Commodities Gold futures Moving Average Convergence / Divergence (MACD) Trend Lines Relative Strength Index (RSI)
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commodities gold futures macd trendline relativestrengthindex
Market below the 55 day. Trend-line break with a solid price movement downwards. Back test of 1192 possible. Possible to short on either price reversal on back test or follow through selling below the 4/22 low. Stop on initial short entry could be placed above 1203. Daily MACD cross supports position as well as RSI movement. Geo-political risk could cause unwarranted volatility.
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