Hi Guys
Gold trading to day at 1350 , Our technical point of view as explained in the chart is bearish we expect decline move to start very soon so we set our caution for all traders who are in long positions that it is maybe the time to take your profit market could change it’s direction at any time , we believe that we should see a major correction for the rally started from December 2015 at 1046 level this correction is targeting 1170 level , the current wave structure show possibility for overlap wave B if it happed I think it will be great chance to extend shorting position at 1390 – 1400 level , at any time break out over 1328 and 1309 should be consider as serious warning of bearish wave down C
Good Luck
