"Short on Clone B extreme acting as resistance at 1263" by trader GcNaif — published March 16, 2016

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Gold Spot / U.S. Dollar (FX:XAUUSD)

FX:XAUUSD Gold Spot / U.S. Dollar

XAUUSD

xauusd

i had already shorted this at 1261 with stop loss at 1264. This short is based on the Clone B extreme resistance around 1262. I had already move my stoploss to break even. looking for at least 50 percent retracement of today's move which is around 1243.

Clone levels for Down 1256-1249-1243-1237
Clone levels for Up move: 1264-1268-1274

I am a Chart Slave.Thank you TradingView and @nmike.

Well Done GC. I am in the Bus from 1261 Just before the Day close.

VRShaiju

nice, lets get as much as it gives, i have nothing to lose, moved my sl to breakeven

GcNaif

I see this :)

VRShaiju

good one , long way to get there

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