GcNaif
Short

Shorts based on Strong Clone Level at 129x area

FX:XAUUSD   Gold / U.S. Dollar
1442 14 41
I was expecting gold             to rise to 1400             after the outcome of US election results but Mrs market gave back all the gains it got from that event. I am waiting for the price to retest 129x area which has acted as good level for both up n down. The other possible entry will be below 1278 . Will watch the price weakness in this two areas.

Potential Short Entries :
a. 1295-1291 with stop loss around 1297(for 1291) and 1306(for 1295)
b. 1276 with stoploss 1281 ( which ever comes first)

Potential Directions are marked on Chart as arrows.

Clone levels :
Buy levels: 1305/1319/1334
Sell Levels: 1292/1278/1264

Note: please do your due diligence before placing the trade.
Comment: Renko :
snapshot
Comment: Trade1 : target 1 and target 2 for 1291 short hit.
Trade 2: target 1 for 1278 short hit
Closed 50% ,will let rest run
Trade closed: target reached: closed all trades , will wait for next opportunity
I am a Chart Slave.Thank you TradingView and @nmike.
Nice analysis, and advice
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GcNaif MOD Mustapha87
@Mustapha87, thanks
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Nicely done chief... exact what i have done...
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GcNaif MOD ntt1411983
@ntt1411983, thanks
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me and Bobby still owe u a beer
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@Cornhub, thank u both
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nice analysis bro
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GcNaif MOD KarnApiwat
@KarnApiwat, thanks Karn
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@nmike, thanks to you mike
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you caught that turn (1296 area)just right!
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@derby, thanks
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Brilliant
Good job..

Next
Than friday analysis?
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very good :)
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