I am Short Gold for the next little while. Why See Chart below
You can see here that Gold has broken support on the 15m chart. I am short for a while but I have several long term CFD's Long gold positions as overall I see its bullishness especially with the USD in free-fall this week and the USA moving on interest rates next month, however USDX is showing some strength today but many believe it could drop to the 100 level this week.
Be careful shorting Gold because there is so much upward momentum at the moment and until it breaches the 50ema on hourly chart I am cautious going short.
