tntsunrise

Jan 5, 2017 2:34 PM

Gold Update Short

Gold/U.S. DollarFXCM

Description

⋅ Jan 5, 2017 2:34 PM

The last trade on Gold was stopped at 1169
Which is very essential, coz the price went up
another 10 points after the break out.

Right Now I am thinking of 1199 level
to watch and re-enter a short

Comment

⋅ Jan 13, 2017 3:59 AM

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⋅ Jan 16, 2017 5:19 PM

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⋅ Jan 16, 2017 5:19 PM

watch for the wedge to be broken

Comment

⋅ Jan 17, 2017 10:27 AM

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⋅ Jan 19, 2017 2:23 AM

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⋅ Jan 19, 2017 10:28 AM

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⋅ Jan 26, 2017 10:55 AM

From 1120 TO 1192, 180 pips gain

Comment

⋅ Jan 26, 2017 5:01 PM

Now is 1185 TP1 is 1167

Support and Resistance

Comments

RAZRus

⋅ Jan 5, 2017 3:44 PM

Jack, what's wrong with this gold short ideas?

I remember your old idea, you looking for longs near 1120

Why the plan changed?

DMK8680

⋅ Jan 6, 2017 2:39 PM

@RAZRus, Have you looked at the gold chart since then? Gold's low was 1122.5 (in Dec) - that's pretty f'ing close. I would guess the 1300's is still be his ultimate target (possibly higher) if you're looking to play it long term but in the intermediate term, there will be ups and there will be downs. It rarely goes in a straight line.

harryexe

⋅ Jan 10, 2017 10:50 AM

@RAZRus, Wow indeed

4xgood

⋅ Jan 5, 2017 3:24 PM

Strange, why you're shorting gold when it is clearly trending up now. Isn't it better to buy pullbacks all the way up?

XiaoLi

⋅ Jan 13, 2017 3:31 PM

@4xgood, I am a huge fun of projack. But I think you are right this time

MertErten

⋅ Jan 5, 2017 2:38 PM

thanks for the update.

major trend change?

I think over 1200, XAU can be considered bullish.

arif_awan

⋅ Jan 16, 2017 10:37 PM

@MertErten,

amozb

⋅ Jan 17, 2017 8:07 PM

@arif_awan, What trading style is this?

dotumza

⋅ Jan 23, 2017 3:50 AM

@arif_awan, Jackie Chan all round developed trading

Daniel.T

⋅ Jan 5, 2017 4:35 PM

It's clearly moving up.