Forexmaestro121

GOLD on Recovery

Short
TVC:GOLD   CFD sur Or (US$/OZ)
GOLD is on killing spree towards on bullish cycle which is very lopsided and broke the the lower high $2020 S&R and now aiming to $2037-$2042 Resistance area where recovery is possible .However, throughout yesterday bullish reversal are very aggressive and broke $2020 zone easily with asymmetrically moreover the bond notes are on yearly higher high .Sellers should wait for the next short trades because gold is just on fundamental aggressions .Keep in mind if the $2042 area broke then stay away from shorts.

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