This is why I didn't recomend trading on gold today!

gold 01 12.2

Did you expect this reversal on gold? Of course not, and that’s why I wrote last night on my gold analysis that I don’t recomend trading on gold, not today! As you can see, gold fails to attack 1130 even everthing was technicaly pointed that will happen last night. But, bulls was showed their strenght again at 1146/48 and push the gold up this morning to the 1178/80 resistance one more time. First attack on resistance failed, and gold was at 1184 high, but bulls want to take that level. Amaizing development as I suspected and all I can do is watch how and where will this fight ended today!?


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