Kill_zones

Gold will fall from 1284.93 area down to around 1259 -1240

FX_IDC:XAUUSD   黃金現貨 / 美元
Fundamentally there is trade war btw china and US , naturally we know investors may plunge into Gold as safe heaven to protect their funds if tension escalate further this week. However technically I see a fall to the downside due to invalidation of price around this 1293.89 -1289.95 area. Price seems to have formed Head and shoulder per se. finally I will advice as you see profits 50-100 to the downside take it and observe further , I believe they will be more spikes on gold at this level just as Donald trump might try to tweet carelessly about the talks with china.

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