Gold Major Resistance at 1150 Short

Gold/U.S. DollarFXCM

Description

⋅ Dec 28, 2016 8:07 AM

Gold Major Resistance at 1150

Please use this level for short entry

Exit trade when the zone is violated.

If not, find the chance to short gold at this level

Trade closed: stop reached

⋅ Dec 29, 2016 4:55 PM

SL at 1153 Triggered.

Support and Resistance

Comments

Simon_says

⋅ Dec 28, 2016 4:56 PM

My opinion is based on Mike Malloney's last video "Silver Buying Opportunities Ahead: Sneak Peak At 2016 Insider Wrap-Up": youtube.com/watch?v=w-beeZ1WkOw

Jack what do you think about this scenario?

Qaiser_Butt

⋅ Dec 28, 2016 3:25 PM

thanks for sharing i had same view.

lbg01

⋅ Dec 29, 2016 4:57 PM

Hello ProJack, you think its time to long??

ajschmidt100

⋅ Dec 28, 2016 2:38 PM

Jack, glad to see an update on gold. Not questioning your advice but I saved an idea you posted 5 months ago titled "Gold Weekly Cypher Pattern tells us when should ..." It's actually looking very much like you predicted 5 months ago but it was suggesting a buy. Can I ask why the change of heart? Thank you!

RajaRashid

⋅ Dec 28, 2016 8:26 AM

WELCOME BACK BOSS............

bayasaaMGL

⋅ Dec 28, 2016 8:34 AM

@RajaRashid, hello, this tntsunrise, how many pips get a month. i am newbie

Daniel.T

⋅ Dec 29, 2016 6:03 PM

different view

UnknownUnicorn372507

⋅ Dec 29, 2016 5:17 PM

Hi Jack,

There are portion of traders and investors who has started buying Gold and Silver. BCZ they believe that USD is not a safe currency for saving. What do you think about the Gold for a longer period of time?

UnknownUnicorn753697

⋅ Dec 29, 2016 5:12 PM

Thank you very much. Your analysis was very accurate.

gaptraderhq

⋅ Dec 29, 2016 5:12 PM

@tntsunrise ... Hey Jack, mate hope you have been well my friend. What are your thoughts now. Gold has hit 1159/60 barrier. Correction now or are we going higher? Cheers