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kjwlegend
Aug 17, 2020 6:27 PM

Gold 0818 Trading Plan Short

GOLD (US$/OZ)TVC

Description

Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.

Date: 2020/08/18

No plan, No trading

Entry reason:

Gold has made an insane rise for no reason on Monday from 1930 to 1990, $60 increase.
Even everyone is thinking bullish is recover, however, in wave count, it's still just wave 4 or B. Thus, I'm still on bias on short Gold to the bottom support again.

The key support line is: 1967
The key resistence line is: 1990,1994


So here's my plan:

Sell at 1985+ , TP 1965, SL 1995

Comment

I plan to short at 2007
Comments
bizmatej
ouch
Wolf_of_Trading
this is my GOLD idea
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