tntsunrise

GOLD UPDATE: DIRECTION TO BE MADE

FX:XAUUSD   Gold / U.S. Dollar
13436 46 270
GOLD             UPDATE
I am still holding my short at 1366 for the
AB=CD Complete (see my previous idea)
CLOSED 2/3 and Balance Position with B.E SL.
I am watching this triangle and the CPL
(Critical Price Level) at the yellow zone
for Gold             to make its direction.
If it break down 1307, I will consider to short the pull back
again for more decline.
If it breaks up the tri-angle
I will close all my short position and get ready to long.
This is my trading plan
Comment: WAITING! Stil in the tri-angle
Going to make decision !
Comment: Any one bought this tri-angle break out?
now is 1348
and u can take profit
Comment:
snapshot

i am consider to take profit for all long position
and short again
Comment: HIT 1350.50, watch price action first
Comment:
snapshot
Comment:
snapshot

so far the 0.618 level is still resistance
Comment: Guys , did you stil remember this AB=CD
now is 1287, The Target of 1275 will be hit soon
Comment:
snapshot
Trade closed: target reached: For this AB=CD Pattern, i will mark it hits the target and closed.
If you ever short from 1366, u earn 1000 pips
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Thank you Sir !
What if hold up 1316, you will get ready to long too?
thanks !
+4 Reply
Dguaman Dguaman
The main TL

snapshot
+2 Reply
I may.
+1 Reply
Dguaman tntsunrise
Thank you ! =)
+1 Reply
very sound and reasonable, kind regards
+1 Reply
There is no way for Gold other than UP. This week Yellen will not show confidence in US economy for a hike and that may send Gold to north again( This is my assumption only ).
+2 Reply
waterman waterman
If Yellen shows confidence but no hike then Gold will fall like a stone. Risk On !
+1 Reply
You are long , I have a good feeling .
+1 Reply
I have some questions 1. " I understand if it break down 1307...mean " the price is 1307 1306 1305 1304 ...." right or not?
2." ...to short the pull back again for more decline " what does it means ?

I am not good at English. please



+1 Reply
asTroLoGiCaL PRO natkamon2504
Meaning if price breaks those key areas, he will expect price to drop further but he, would wait for price to rise back up a little bit to get good risk/reward (Sell high) and (buy low) concept.
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thank u very much.... :)
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trendline still /chart/XAUUSD/Z09N1O2u-trendline-still-supported/#
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i prefer gold will go up if i must choose a direction.
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It seems price will go east !
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Yeah still waiting.. could be nice a break and test of 1306 and then keep the main TL ... !
All the best Sir. and thanks !
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Thank you, yes its undecided at present
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Hi Jack, thank you very much for the gold update,... lest see what will happen. Could you please have a look at OIL. WTI looks like a longer term downward trend but a correction might be due soon? Thank you very much for sharing your knowledge
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Hi Jack! The price already out of the triangle. When you going to buy? Thanks!
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hi should i wait for a pullback before i eater long? thanks
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gold broke triangle before fed statement?????
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interesting, very likely that the market has already absorbed the news...
what do you think?
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gabaym PRO tbolognesi13
some times it could be a fake break and we have big news from the fed and we need to wait and see and react after. i follow your charts ans ideas and you see the market very very well.
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Some update Sir, thanks ! :D
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Hi Jack, are u come back from Shao Lin Temple ?. Some update your chart pls.
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Do you have longs now?
+1 Reply
Jack,

Gold decisively broke up from the triangle yesterday. According to your analysis above, we should buy at PB now. But I just saw you shorted Silver. I'm confused. Is Gold bullish or bearish at this moment?

Thank you very much for your good work!
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do you reckon gold will go to 1370 again ?
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i did, thank you very much :D !! can you check NZDUSD plz , thanks !
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yes thank you very much
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Mr Sunrise thank you for your excellent charting. I have a similar chart with different letters. If the last wave up was the "D" wave should price not eclipse this high as an "E" wave?
snapshot
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you short on silver correct? (bearish bat on 240)
+1 Reply
Still has some room left up.. 1352 nice area
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HIT 1357, what now?
+1 Reply
Hi Jack , Now gold go above 1357 it will go up more or not ? Pls. update yr chart how do u think , thank u :)
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Hello, Jack. Will you update the chart?
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i remember the one going down to 1170s...
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Again it proves who is the best
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well done Jack

As always, you are the best..
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You have alot of self belief, holding on to this for so long, well done
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Great trade Jack!
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Excellent work, Jack!
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