TMV – Short December Gold @ $1857.50 – last price @ $1812.50 – Gold traded sharply lower overnight and triggered the sell signal at $1857.50. The market has reached an intra-day support level where it could stall and even bounce. I recommend exiting the current short position for a very nice one-day gain. I will look for a new entry level after a corrective bounce.
December Gold - click to enlarge
