As long as 1250$ holds

FX:XAUUSD   Gold / U.S. Dollar
784 15 20
Long to 1360 / 1365. Bat Bearish pattern
Short to 1166$. Butterfly Bullish Pattern / 0.618 fib 2016 bullish rally
If 1250 breaks, come back to bear strategy with 1166$ as target.
Trade closed: stop reached
where ve u been :P
pixi staurum
@staurum, here lol.
It will break...watch silver, that will start any soon.

Best of luck
pixi Yaba
@Yaba, yep i watched silver that's why i think gold can retest its previous high.

17.4 Target

But below 50 (48), yep bearish continuation move.
GL to you too !
See u
@pixi, yeah silver looks more interesting to me... i see it 15.85-16$ by the month end...it will be one of those waterfall events...9-11th Of november High (if it doesnt break 19) goes to 16...Gold needs to retest the previous low of 1240-1242...SPX down as well...Good luck to us all, you got great TA.
@pixi, looks like it broke... :)
Hey pixi, why you change your mind so often ? I turned bearish inspired on one of your posts before and I believe it's still not over. When you discover such an important trend, it won't be over in two days.
Check this fan, now we're closing below the angle. the bear doesn't look like gone. ...and the Trump wick !
VirtualFax purpurato59
A trader can't be married to a single strategy. World is changing every second, market are extremely liquid in response. Hence the trader has to be very flexible to react accordingly and timely. And especially so with such commodity as Gold, which attracts all kind of attention from retail traders to the World leaders. @purpurato59,
@VirtualFax, It depends on the time frame of your analysis. If you have an idea that develops on the daily and weekly, it will take at least days or weeks to reach its objective. In this case, pixi had a good analysis pre elections on a bearish trade and after the spike and continuation down, it seemed clear it would keep with that trend.
pixi purpurato59
@purpurato59, My mid-term target is unchanged but i was wrong about a likely wave up before drop. That's the game, lost 0.9% of my capital on this trade.
+1 Reply
@pixi, True, part of the game !
Someone asked me a few days ago on ideas about gold, and i answered 'check pixi's posts he's got interesting views' and the answer back was 'true, but he's changing side too often and doesn't seem to be a strategy'.
pixi purpurato59
@purpurato59, depending the TF bro. If we get to 1166, i'll long to 1540 ;)
@pixi, did you enter long or still waiting lower levels?
pixi sulbas
@sulbas, hi, i tred some long on 1167/66 but this level failed
0.618 fib (1172) breaks last week. Only short on bounce to target $1090/95 area.
$1095 target, If $1170 fails
@pixi, thank u for ur share im expecting same path. Considering todays level we can see lower levels under 1100 in the next shaking days.
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