chartwatchers

GOLD - The Gambler

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
I'm waiting for the backtest of the breakout at the 1350-60 zone in this idea.
Gold dropped 30$ after tonight's 1412 top. I'm looking forward to see a daily pinbar for the close at around 1380-82$.
We are very very due for a daily cycle top. If we have a pinbar I will post a daily chart, but this is a low risk entry with a stop above the 1412$ high.


Comment:
Comment:
Miners are not buying gold's late nigh rally:
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Silver down
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Platinum even worse:
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DXY bouncing from support:
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Setting stops above 1312.
Comment:
**1412
Trade closed: stop reached
Comment:
I will launch another short idea today in gold.
For the entry I will use 1423.

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