Gold in for a bearish move this month?

Hi traders, Currently, we are in a short trade in the Gold with a take profit level at the moment set at 1262.75 level.

Those who have been following our videos on the weekends will know that we have been expecting a bullish US Dollar at least for the short term. With this in mind the take profit at 1262.75 level is a good idea, however, should the US Dollar continue to rise on a longer term I will then amend the take profit level to 1216.00 level:

Will keep you updated as and when price actions reveals itself.