Thank you all, my friends!
Thank you ,TradingView, such a nice platform
for me to keep all my ideas.
I will continue to publish Idea here. :)
Gold breaks 1207 the 0.618 level.
However, a potential Pattern
formed at 1281.15, the inverse 1.618 Level.
together with 0.886 FIB level.
and look left there is good structure.
I did not short gold yesterday,
Stay Calm, and Do my Analysis
Now I have a plan in my heart and I am going
to wait patiently for the Inverse 1.618 Level
to come and short
QQ Group: 609224828
Great work so far, congratulations.
I did short gold (at 1258), but only as a pair trade (long term long oil, short gold, no stop loss, size based on monthly ATR)
If we get to your shark completion, I'll reshort, but this time with a stop loss, as a stand alone trade. I have monthly resistance at 1282.84, if crossed, and seeing a monthly close above, we'd be in big trouble (but it's highly unlikely).
I doubt we might fill the Shark now though, it's possible too. Good luck, and I hope we do get there, to short again with good reward vs risk.