- Oil price was dropping in response to the GDP and possibility of sharp slowing in economic activity and reduced demand. So the price of gold was also dropping in response to Oil and Euro.
- Some economic data was ahead, especially German Retail Sales that could show the economic activity is increasingly slowing in euro-area, and it was likely to accelerate the commodity-selling in response.
All of these reasons in addition to technical data made me convinced to close the position in 15 pip loss and time showed that it was a correct decision. 
