Markets serial rally on Friday when the prices soared from 1397 to 1406 opening.
But at while in town , gold has faced strong sell forces at the 1406, make the price down to under 1400usd/oz quickly, sometimes has to come 1390usd/oz .
Today, I think gold will have adjustments on the lower level. The long term trend, I think gold prices will conquer milestone 1466usd/oz in September.
Strategy :
Sell stop : 1395 - 1400
Stop loss: 1408
Take Profit : 1380 - 1375
Hope luck !:)
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