Gold

Ive got my order at 1522 to go long for a first attempt trade with a 10 point stop .
Below this level theres a real risk of gold going towards 1400

What on earth is going on here? I mean seriously! Gold is dropping hard!

Did the Fed, EU, BoE, BoJ, and SNB all stop printing finally?

Ouch!

1525 busted, 1515 taken out - air pocket down to 1480/90,

move money out of gold and into equities perhaps ?

may get a bounce @ 1480/90 before it heads back down to 1360 before a bigger counter rally gets going....all imo

that trade of mine did not last long
I wont be going long on gold now. Im gonna wait for the back test of 1522 then gonna short.
With a 10 point stop.
Next good support level is around 1430 area . Now im bearish on gold .

bounce came @ 1492 > 1510 and now straight washout to 1370 > 1331 appearing more and more likely destinations....

expect to see a bounce or decent counter rallies to sell into

gold bull over and out and enter the bear !