tntsunrise
Short

GOLD Watch This Zone:(If you missed the short at 1292)

FX:XAUUSD   Gold / U.S. Dollar
4953 23 118
GOLD             Watch This Zone:

This Chart Is For people who missed the trade
of the 1292 short (In money for 300 pips)
The Previous AB=CD is still working!
Don't be trapped to buy at the ceiling.

It's quite interesting, every time when I publish an Idea and it tuned out to be a winning trade.
Then there will be some one asking me, "Sir, is it too late to trade?"
My question is? Why didn't you pull the trigger at the right time?
Don't missed the entry and then chase the price,
remember, buy low ,sell high.
If you want to short, short at high, if you want to long, long at low .
the 1277.38-1284.41 zone is the Break Out + Pull Back
So watch the price action,
Sell the pull back (High)
Comment:
snapshot

The 0.618 is at 1285
Comment: LOOK AT THIS AB=CD
is so powerful!!
Short at 1298
now is 1223
750 pips
Comment: Hey Traders: there will be free webinar tomorrow
this week's webinar time:
thursday, 22:00-23:00, UTC+8,
http://www.yy.com/15565863
see u tomorrow. it is Singapore Time 10PM. NYK: 10AM, LONDON 3PM
Trade closed: target reached: 20 DAYS. patience is important!
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a webinar Thursday what time zone ? I living in USA
Reply
Good job, Jack
Reply
What about Long to 1298 ?
Reply
Don't miss out, still another chance !! :)
Reply
I agree the level you show is very interesting but for more than just the 61.8% retracement level it also coincides with March 10th 2015 high of 1284.81.

However price is finding decent resistance at 1277.38 which also corresponds with some key levels shown here on the 4hr chart.
snapshot


Also on the hourly which has a slight bearish divergence.
snapshot


Perhaps your patience will be rewarded after all.
Reply
snapshot

Looks like it respects the 38.2% level , what do you say tnt? still think it will reach 1285 before heading down again?
Reply
I wait for 1285. coz i am not in a hurry to add position. i already have short at 1300
+1 Reply
Leo.s.p tntsunrise
Hi Jack. Thanks for the idea! Can you be so kind to help me understand why u r so bearish on Gold? any fundamental analysis did u use? thanks :)
Reply
Be cautious tnt
Reply
tntsunrise TOP Sakakikunmakio
be cautious of what? gold may go up? no worries. I still have short position at 1300. and that's in money and SL move to B.E.
Reply
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