The Gold instrument has generated a bearish P&F Breakout signal on the automated scanner. This follows Thursday's move through 1284. The less sensitive graph printed here shows the price breaking support at the early-August low, at 1280.5. The top-heavy pattern would appear capable of forcing lower levels towards the early-June floor at 1347, with the possibility of a revisit of the late-2013 platform near 1200 after that. A short is opened on the P&F signal, and the stop is placed at 1330 for the time being.
N.B. Due to a public holiday in the