I said we are going to 1180 or even lower two weeks ago, where gold is still at 1225.
And now gold just touched 1161, if you started to short Gold at 1275, now you are a big winner!
Back to the topic, i still think Gold has potential to move down a little bit. The USDOLLAR will stay strong before FED raised the rate. But i don't recommend to add any short position at here. We need to be patient and there should be a strong bounce coming soon. Get ready to long and trade with care!