GOLD hit 0.886 level and bearish signal appears.

GOLD hit 0.886 level and bearish signal appears.

Last Friday Gold make a new high but today
a strong bearish bar formed in 4H

I will be interested to enter a short when price
pull back to 1285 area.

TP1 : 1261
TP2: 1204

Comment:

Nice Short From 1285 pull back
Already dropped 100 pips

Comment:

Remember: short the pull back, don't chase the price.
Be patient and market will give you a reward

Comment:

welldone. hit 1268

Comment:

now pulling back to 0.618
for those who missed the 1285 short, now is good to consider

Trade closed: stop reached:

breaks new high.
trade invalid

Trade active:

After Last Friday's Spike, now we have a new trade for gold

Comment:

yesterday's 1293 short working well. now have 50 pips gain

Comment:

The 1293 short won 100 pips

Comment:

Very Cool, 1293 short now win 180 pips
Gold dropped to 1275

Comment:

Comment:

New Cypher Pattern formed.
this weeks 1295-1297 is the key level

Order cancelled:

North Korea has fired a missile over Japan which Prime Minister Shinzo Abe has called the "most serious and grave ever" threat to the country.
This news drives gold break 1300. therefore, no short for gold