Nee_sh

Gold: going to the new low

Short
Nee_sh Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
From my last post, i explained my idea about the DXY, and i think USDOLLAR will go higher very soon.
Also, FED will add the rate on December.
Gold might bounce back a little bit, then we will go to the new low.
I will short the pull back and look Gold to 1200.
Comment:
Haha, Gold seems don't give us any chance to short the pull back. Also, USDOLLAR got the new high, and it will still go higher.
As i said on Tuesday, we are heading to 1200 ( or even lower!)
Comment:
Gold touched 1202 this morning, take some profits
Comment:
Now, we are big winner! Gold is now going to 1180, and i still think this just the start, we are heading to the new low!
Trade closed: target reached:
i will close this one and start a new idea soon. Trade with care guys!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.