AbhishekHSinghCMT
Long

XAUUSD (GOLD) - Looking for 1300+ Move

COMEX:GC1!   GOLD FUTURES
423 4 11
From previous update- We got the move from 1250-1260$ - which went as high as 1338$- I expected 1377$ only if 1348$ could have crossed- which it failed & had a sharp fall from 1338$ below 1348$- which became b-wave in Y-wave.

What Next?
Likely looking for an explosive upside move, travelling 1300+ dollars - downside, it is limited if it goes below 1220$ then we can look for 1200$ support & sooner or later it will start shining in the sky.

Looking for New High Above 1377$
Gold- Looking for New High above 1377$
Trade active: 21:05 Hrs 18th Nov2016

Last Price@1209$

Bounced from 1200-1201$ range- Amazing Experience

Bang On for small correct move below 1220$ to 1201$ - can something be better than this?- turning as expected from 1200-1201$- Well I have nothing to lose -only gain.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Sir, dont we need any stoploss ?
Reply
@gulzarkdr, Support zone is your stoploss- for me or anyone else I predicted this buy 4 days ago to buy in the 1200-1201 with stops as support zone which is zero risk who ever bought in the zone as expected.As Gold turned exactly from 1200-1201$.
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Wow!! That was spot on! Thanks.
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@nirav5, Welcome Nirav
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