tntsunrise
Short

Gold watch 1242.30

FX:XAUUSD   Gold/U.S. Dollar
3744 16 101
7 months ago
Gold             watch 1242.30
This will be a break out + pull back trade
if gold             comes back to this level
and been rejeceted by it.
7 months ago
Comment:
snapshot


UPDATE: 1243.60 maybe the best point
7 months ago
Comment:
snapshot
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LeeFuGuo
7 months ago
my view on Gold ~ it probably not gonna touch 1242 ... AB = CD, next target price will be 1209 ~ :)
snapshot
Reply
tntsunrise TOP LeeFuGuo
7 months ago
u see, it pulls back
Reply
LeeFuGuo tntsunrise
7 months ago
yup sir ~ great work sir ... :)
Reply
same here, between 1240-1243
Reply
kizly
7 months ago
Profesional analisys as always.
Reply
Moly_Cam5
7 months ago
why the gold will fall to 1201 ??
Reply
kmk.msp Moly_Cam5
7 months ago
Gold following Bullish WW pattern and point 6 (at 1205-1210) is still pending before we see any bullish move
Reply
kmk.msp
7 months ago
Gold following Bullish WW pattern and point 6 is still pending before we see any bullish move
Gold  Bullish WW Pattern

kmk.msp
Reply
JayM
7 months ago
1259.75 is the resistance. Breaks below 1230 negates this view.
+1 Reply
mdvisser.visser
7 months ago
lost everything on usd/cad just now. Going to deposit my last $1000. Im in big stress
Reply
tntsunrise TOP mdvisser.visser
7 months ago
Dear Visser, Remember to calculate your position size. For USDCAD trade, if enter at 1.2650, stop 1.590, the distance is 60pips, if your account is 10k, u only risk 2% which is 200 usd. 200 * 1.2650 / 60 = 4.2 CAD per pips, therefore, should only trade 0.42 lots USDCAD .
Reply
tntsunrise TOP tntsunrise
7 months ago
1.2590 SL
Reply
Smiley8080 tntsunrise
7 months ago
Do you still Gold rise on falling USD?
Reply
Loii
7 months ago
Gold has rejected 43 many times before a break out, so its hard to rely on just that for a short trade.
NEXT BUYING OPPORTUNITY FOR GOLD
Reply
natkamon2504
7 months ago
hi Jack , now gold is going up for buy ?
Reply
uperth natkamon2504
7 months ago
Yep quite an overshoot of the upward correction target... how far will it go?
Reply
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