My plan for gold is complicated. :)
I took short position with small quote. If gold bounce down from 1245 (0.5 fir) and previous support become resistance I will add more shorts after passing 1235 (0.382) and confirm this level toward 1215 which I guess will be support level.
If Gold rise to 1255 ( 0.618) I will add more shorts again towards 1215
Future will tell if I am right or wrong
Good luck !
I took short position with small quote. If gold bounce down from 1245 (0.5 fir) and previous support become resistance I will add more shorts after passing 1235 (0.382) and confirm this level toward 1215 which I guess will be support level.
If Gold rise to 1255 ( 0.618) I will add more shorts again towards 1215
Future will tell if I am right or wrong
Good luck !