PlanBillions
Short

EASY Short on Gold !?!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
95 views
6
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You could easily short gold here, just not sure for how long ? Trend test should show some rejection but, the overall market seems to be at top of trend right now as well, which points to a rise in gold theoretically...? I still say we need to "retest" old range at @ 1440, but you could probably short to a safe 1495 from here... Stop just above previous wick high...
Oct 31
Order cancelled: Given overall market sentiment and current highs, I would use caution on this one!
Nov 03
Order cancelled: Closed above trendline... Expecting this to move higher now...
Nov 13
Comment: Well, kinda mad I didn't take this trade... But, if I did, I'd look to close it here soon and go long !
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