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GC1!, support at 200ema & IHS

GC1!, support at 200ema & IHS

Gold COMEX:GC1!

Hi Shorties, if you have shorted 12 days ago around 1301-1306.. you would have gotten a fat reward yesterday when gold drop > 25 dollar and whether i should feel surprise or not i really dont know but the price just found 1st support at the bold blue which is drawn previously. (attached below) By right it should plunge straight down to green channel bottom of 1220 but i thought that is too harsh to ask for :-) Anything along the median is not my business, if you want to take risk you ought to know where is the upside/downside. I am pretty happy about it..