Gold Gold Daily Video, February 12, 2021

Brett Reynolds

Sergeant Major
I took a another short @ $1850 on wednesday which was 61.8 of previous swing high on Daily chart at $1875.
As mentioned last week..i feel more Downside is to come as Gold 'Fades' into summer! Next week we could easily see $1750 and lower! Gold would have to make a 'weekly close back above $1850 or $1875 to disrupt the negative outlook! :)