faylee

Short Gold

Short
faylee Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
It just hit the trendline, today would be a funny day.
The rise caused by US attack Syria, nowadays the recovery of the market is more and more quickly, so i don't think the attck would affect for a long time, unless it upgraded to the ground war.
Entry: 1264-1267
SL:1276
TP:1218
Comment:
Watch this channel, and the closing of 4H
Trade active:
Shorted from $1269 after NFP came out
Comment:
Comment:
see? really really a funny date!
Comment:
broke 1217,my final tg is 1109. hope it is not a dream!
Comment:
Update wave count for daily chart.
A bounce will take place from the end of Apr to the beginning of May.
The significant LOW is estimated to appear in Jul.
Fundamentals: The inflaction growth not so fast as the centre back espected before, salary still at low level.
invst.ly/3pg7b
Comment:
sliver didn't see the new high on Friday.That means,gold has a false break out.
Comment:
Likely going to retrace $1259-1261
Comment:
In half year chart, it's under MA10:1259
Comment:
compared with the latest 10 years' gold movement, afterApr7-Apr12, at least 9 of 10 are in down trend.
Comment:
Gold is bouncing in short term, but still in low volume
Comment:
Yellent speach clarify the inflation still not as high as enough to threaten the economic growth. still a little bit low than the targeting.

As i said the market would properly overhyped the inflation and gold.
Comment:
Retracement seems to be done here, added shorts at $1266.
Comment:
Comment:
Shorted again from 1275,tg:1232 exit
Trade closed manually:
possible hit 1310 this week

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.