tntsunrise
Short

Multiple Calculation for GOLD

FX:XAUUSD   Gold / U.S. Dollar
9061 104 153
Multiple Calculation :
AB=CD
0.618 PULL BACK
PREVIOUS HIGH
All implies that 1285 is the level
we can short GOLD             .
Let's wait patiently to see the correction move
completed and go!
Comment:
snapshot

Getting Closer
Comment: Now is 1279, let's see what will happen at 1285
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Price has come to this level
watch price action
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OK. The 2nd candle in 1h chart close below 1285.70
If this third candle also can not close above 1285.70
I will go for short
Comment: HOLD FIRE
Comment:
snapshot

another 38 mins to go.
i can smell the buyer's are getting weaker
Comment:
snapshot

1h chart confirm 1285.70 is strong resistance.
sell the pull back
Comment: open a short trade at 1280
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snapshot
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ANY ONE SHORTED THE PULL BACK ?
Comment: 90 pips in profit already
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Comment:
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All of our gold shorting trade are big winner!
Comment: GOLD HIT 1205! +800 PIPS
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Good Setup, i think too, it going to retest the high before go down :)
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I like it, Let us be patient.........
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Nice set up. I am cautiously optimistic the gold rally has more in it yet. I also believe in the DXY rally and these two tend to be oil and water. So I think your prediction has more merit than my optimism.
"The main purpose of the stock market is to make fools of as many men as possible." Bernard Baruch great American financier.
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I have shorter at 1275 before close on Friday with a SL 1278. Fractals were showing a confirmed 4hr sell for target 1264-59
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Gold has crazy move, it is better to short higher close to 1,288-1,295 area
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Gold just create strong support there.. If u see gold has formed eve formation at daily TF... Seem like goes 1320... After tht we take opportunity for selling
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if the Gold will break the price of 1280.80 this will be bullish and it will reach 1295.00
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Kz Kz
See i think my analysis is right this will end 1295.00 :)

 
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If it reach 1285 and we do short there, what is the S/L and T/P?
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finally it touch 1285
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good RSI. thanks TNT!
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ender.genom ender.genom
m15 diver
+
snapshot
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got passed 1290 time to short entry?
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It's strange you say that Jack. I've got 2 platforms and the candle 2 hours ago closed above 1285.70 on both.
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I dont know. maybe time zone difference?
mine is singapore time
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snapshot

1ST CANDLE CLOSE ABOVE
2ND failed.
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On mine it is 1285.22
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interesting.....
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Wow, look at the gold
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Yes. U saw it right? power of 0.618
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bunah2 tntsunrise
Jack, you are the man.

Good job
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I THINK IT WOULD BE GOOD TO SHORT BELOW 1280..
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short now?
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looks like we hv missed the big move down?
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for aggresive sellers, they made profit of 60 pips already.
for conservative sellers, no entry yet, but we can sell the pull back
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KimNisar tntsunrise
thanks, please update when you make the entry. we will short at pullback with you.
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:)
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U can alwasy sell a limit at 1285 now
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I am short now...but what are good targets?
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1260
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pete_hef tntsunrise
thank you! ;)
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IAmAgainst tntsunrise
Is that your only target or will you live part of your position open..? I'm struggling against anxiety for closing all now..
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tntsunrise TOP IAmAgainst
close half first. then you won't be worried
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IAmAgainst tntsunrise
Thanks, I wasn't sure if you were expecting it to resume the bullish trend at 1260. For now I've moved my stops to 1276.3 and placed new pending orders at 1282.
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S/L?
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Above the Wick
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besides the weekly pivot
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iamgift19 pete_hef
Thank you :) ... worth to wait with patience!
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kicking myself i missed the drop by a couple pips!
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arianto chachacallis
Wait for the pullback then.
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I watched the break @1284 on 5 min timeframe..."shoulda Coulda" :) now T 1275 20 mins later...hopefully we get a pullback to short again :)
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tntsunrise TOP livethedream
congrats!
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short around 1281? 50% retracement
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Pullback will reach 1280? If it is, I'll put sell limit there
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arianto arianto
Didn't see the last update, OK will do
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tntsunrise TOP IliyanMihaylov
No need to ask. too simple. think this way, if the price rally all the way back and break new high, will you still short?
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how much will b pullback???
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tntsunrise TOP prince125700
SEE CHART
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damn oil. I could have made my acc over 8000+... T.T
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tntsunrise TOP quantafund1979
keep it up. lose small win big.
oil now can short . based on 5 min 2618 47.60
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quantafund1979 tntsunrise
~
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Short opened on 1285, what is the good TP and SL?
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arianto hkdlam
Should be 1280.92 or 1282.72 (see last comment above), TP 1260
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arianto hkdlam
My SL is 1286
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Gold Plunges After "Someone" Suddenly Decides To Dump Over $2.3 Billion Notional In 10 Minutes

http://www.zerohedge.com/news/2016-05-16/gold-silver-are-being-dumped
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Thank You Jack! You're an amazing person
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Very nice jack, where are your shorting targets? Still 1208 from the last post?
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Thanks to u sir.. Shot at 1285.70
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Jack.... did you just dump $2.3 billion worth of Gold???
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NOT ME...
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tnt your dynamite, that was a good call. I shorted last night, wasnt patient. Didn't think it would pop. Hats off, I'm still in, put a tp at 1253. Cheers
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Great calls TNT!!! I am beyond impressed, I look forward to more of your ideas and to learn as much as possible from you! I am wondering if you are still expecting the pullback to the prices in the chart above?
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tntsunrise TOP SharkbaitAl
if there is pull back, i will short
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SharkbaitAl tntsunrise
Thank you for your quick reply. If it does, I will be there with you. Best of luck
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which TF is better to identify a pullback?
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good call Jack. I had similar views lets see if this goes to target now :)
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Hi Jack, great call. What is your longer term view on Gold and Oil?
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https://www.facebook.com/groups/1538575559781311/
Join my FB group. tomorrow I am going to make the webniar.
18-MAY-2016, BEI JING TIME : 21:00PM-22:00 PM
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TimNguyen781 tntsunrise
very impressive chart. thanks will look forward for more of your idea.
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likely to go all the way to 1256,75 right? Or would you assume a more conservative TP yourself?
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look left. find the answer
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Where will be the TP?
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damm
what is your view in 5 hours ??
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I did. Shorted the pullback
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what is the tp for this short trade,jack.
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look left , don't ask me.
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Thanks Jack.
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yes ! thks
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When we loss we loss a bit ,, When we win we win a lot ..
We follow u every time ,, so thankful for you TNT ,,
My best regards ^_^
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tntsunrise TOP farisalateeq
u get it! congrats!
+1 Reply
farisalateeq tntsunrise
I trade when I see your charts ,, I accept win and loss with u ,, cos u r the best here ^_^
Thank u again
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Renegade7 tntsunrise
to be a little funny... eat like a bird and crap like an elephant is what you don't want to do. It needs to be the other way around. An old advise a broker told me a long time ago.
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In from just below pin bar..taking alittle heat..but all looks good in diff time frames
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Another pull back to 1275-1276 region?
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CryptoTraderOne CryptoTraderOne
1hr chart is closing above 1270
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Yep...would like to add my thanks too
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wow!!! I like your analysis!
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should I close the short position now?
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up to you. it's good that you can take some of the profit
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tonyoh tntsunrise
better hold first. when you want to close please call us also, thanks.
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Tq mate. I still hold my position. Follow u and chartwatchers. U guys awesome! My target 1255
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val_trader saint_athur
It seems it bounced back to 38,20%
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val_trader val_trader
it's going back to 1285.72
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tntsunrise TOP saint_athur
NOW IS 1256
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esonchew tntsunrise
The gold will drop until which level?
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look for daily support. if you learn how identify support and resistance, you dont need ask me. go and learn some basic technical analysis.
JOHN MURPHY'S BOOK is good for you.
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I can tell you this time. strong support at 1200.
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but you really need to learn to read chart by yourself
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Jack, my next target 1239. Yesterday hit 1256. I going to sell fir any pullback chances
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tntsunrise TOP saint_athur
GOOD
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Great trade. I managed to short 2 of the 4.
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CONGRATS!!
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