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Again Gold Short

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FX:XAUUSD   Emas Semerta / Dolar A.S.
Yesterday Gold's trade hit its target in a few hours. The 2% drop caused by the breakout of USDJPY.
If USDJPY keeps rising today we shall see more investments getting out from precious metals and investing in stocks.
Komen:
1461 first target

Komen:
1458.97 is a critical point for this market as all Long term buyers have their SLs around this area as they believed it is a Bullish Market. Having the SLs hit you will see crazy moves coming out. This is also an area where Long term buyers may enter !

Komen:
1450 is a reasonable target as on H1 it reaches the lower band of the channel
Komen:
Just broke it
Komen:

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