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am5
Jan 23, 2017 9:49 PM

Gold double top Short

Gold/U.S. DollarFXCM

Description

Posible double top on D1 chart
Plan for bears:
short at 1217 with SL 1222 and TG 1200/1195/1180
Plan for bulls:
wait for a few days(1-2) and watch 1220 lvl or (if bearish plan is right) u can go long from 1190 to 1195 or forget about your honor and resurrect as young bear

i prefer 1st plan.

Comment

On 1h chart we can see triple top or triangle(but 3rd up attack is not succesful)

So i'm still vote for S (or B if u like that letter more than S(B - means bears(bears - means bears)))

Comment

Gold loosing it's weight.
TG 1195 now

Comment

TG 1 achieved.

4h chart looks like 1195 gonna hold. May be gold wanna 3rd top or mb not...
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