Those who are holding sell positions may keep it WITH SL 26525 OR add more sell positions at these levels with SL above 26871....or may sell at 26700 after pull back with SL of high of that day....
OR Buy above 26525 for TGT 26600-26680-26770-26850.....keep booking profits at these levels as GOLD below 26870 is bearish........and can reverse from any of these levels
It will be interesting to see till what level the bounce back goes....
But IF GOLD SURVIVE ABOVE 26870 ON WEEKLY CLOSING BASIS THEN DOUBLE BUY (HEDGE) AND THEN WE CAN SAY THE DOWN TREND IS OVER AND UPTREND WILL CONTINUE TILL 29000+ LEVELS
For any doubts call for free advice