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faylee
Mar 23, 2017 7:58 AM

Short Gold  Short

GOLD / U.S. DOLLARICE

Description

The 5 waves could be compeleted here now, if cannot break 1251 today.
From the timing, Mar 24 AM(Beijing time) could be the ending for the wave (v).
Below if break 1225,will see more dips.
I've shorted from 1249.96 for my first positions.
For today's high, likely will be 1248.xxx from here.
support:$1238,$1225 should be watched

Trade active

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Trade closed manually

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Likely going to touch 1254-1255, in short term, so we closed the trade manually before reaching sl, and wait for more clear signals to short again.

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waiting for the signals
invst.ly/3isc6

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watching for a bounce
invst.ly/3is-8

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26min later,if signal appeared,will short again.

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the price failed to bounce to the estimated entry,i shorted again from1244.3

Trade active

the eatimated timing just effected.

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pay attention to the date n time marked in my chart, it's the expiry date for bull

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it's Mar24,8:00am beijing time

i shorted too early,still lack of patience.

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perhaps some bounce from here

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Next selling time in 1h &45m later

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1H still in wedge

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still no signal to short, market with low volume now, should wait for 1.5hrs later

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It's broken the wedge

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45-48is good to short again

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update for daily chart,final tg:1174-75
invst.ly/3j6j4

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tg:$1225~23, time due: before Mar 29,12:00,Beijing time.
If the tg reached before time due, that would be good for us to hold the short for lower tg.
If it was expired yet not reached the tg., should better quit the game first.

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it's going to double confirm the bottom,we can count on it.
invst.ly/3jqhr

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From 1H chart, watch 1260.5 to short again
invst.ly/3jst5

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On/Before Mar 29, $1267 could be the Top, I perfer to short Gold for Brexit this time
invst.ly/3jtpw

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In 1H chart, $1261 is an important resistance, for tg:1248-1245

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A potential bearish butterfly
invst.ly/3ju3d
Comments
Parabolica
Thank you faylee! I have this one, will reconsider if it goes below my 4.

TheZabisyu
Withstand this gameplay... 1225.... all be good.
bracken
With gold and silver having options and futures expiries mid next week on Comex, a 5% pullback (on average) can be expected. More on miners esp with levered instruments like dust and jdst. It does not always happen but like 9 out of 10. Nothing is 100% for sure except death and taxes. If you are a buyer these days can be used for buying
JackV.DerSchlesien
@bracken, Lost the trade and a few 100 bucks. The athor closed it manually because gold went up i guess, but i didn't see on time
bracken
@jackv.DerSchlesien, Sorry Jack but I have no idea why you are telling me this
Ezi_money
Hi Faylee! I just want to thank you for sharing your excellent charting analysis with us ! You are highly appreciated. I'm short too on gold. I think we may even hit 1210 let's see !
SinatraFX
I like the hearts in the charts ;-)
Thank you for your great analysis, Faylee! <3
MuhammadAmerAhmed
BernhardAnalytics
cant agree with the gold short.
It's a long term long.
Bo
Dear Faylee,
The intensity with which you pursue this is astonishing and a wonder to behold. You are like an exotic tiger looking for her meal. It is exciting to watch the different techniques you apply in this hunt. Awesome determination~!~ Relax for the weekend, yes.
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