Why Gold is in a Short Location - Key Levels to Watch

Video does the talking.
Key things to take away from this:

• $1586 is corresponding both with 38.2% and 1.61% levels as shown. It is a key level that GOLD will test.
  
• UpTrend is on for Gold. Day traders are long but longer term players might bet against the trend after a test above $1586.
  

Take it easy team.
If you want me to make videos like this on Stocks, Forex or Commodities , let me know.
I'm looking forward to your contributions to this post as well.
See you on the next one.
~Bo Bugra