tntsunrise
Short

Short Gold WITH FOUR REASON

FX:XAUUSD   Gold / U.S. Dollar
5104 27 113
Short Gold             WITH FOUR REASON
1. GOLD             pull back to 0.618
2. Trend line retest
3. RSI is overbought
4. 1.618 EXT
if we see price action shows bearish
Enter the trade
SL should be above 1260
TP: 1236 / 1205
Comment:
snapshot

touched the trend line
Comment:
snapshot

Rejected at the trend line
Comment:
snapshot


NOW IS 1226, +340 PIPS
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As Yen is tanking will Gold fade now ?
Reply
waterman waterman
I am always a doubting Tom and so lot of good trades miss me.
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Excellent trade idea !
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thnx bro hope your right
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i love you man!!!!
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Great share!

snapshot
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amazing eye
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1254 HIGH
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nice chart!Entry now?
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jafbash786 ivansem95
i have entered at 1256 based on price testing 1258 4 times on 30 min chart and rejecting
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ivansem95 jafbash786
I placed an order on 1258 too, hope he will be executed
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ivansem95 jafbash786
ty
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if there is a bearsh now
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How about SL above 1260?
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Thanks for the great analysis. I am in at 1257.06
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tntsunrise TOP FtseSignals
nice!
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thank for ur plan
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stopped out again
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snapshot

Waiting for this level to short
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Hi Jack, r u looking to short now ?

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which brokers you guys with, I was stopped twice on this one
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JayM NidalDarawsheh
You will be stopped out again unless your SL is above 1273.
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I will eneter another short position if price go to 1274, for BAT pattern
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JayM tntsunrise
Yes, I got it, thanks.
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Hi Jack, OOT, why you always used RSI period 7? the priod 14 better than 7 right? thanks.
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tntsunrise TOP andreedbert
7 is more senstive
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Nice analysis. Thanks.
Reply
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