Watch Price Action at 1270.87 for GOLD

FX:XAUUSD   Gold Spot / U.S. Dollar
6664 20 100
Watch Price Action at 1270.87
After the US GDP DATA
Gold             decline first then rally.
but 1270.87 is the 0.618 level which
I personally want to short .
So if Price can't close above this level.
I will short.
SL above 1274.
TP1: 1267.50
TP2: 1261.
Trade closed: target reached: First Target of 1267.65 hit
Closed half position, balance position break even.
To lean Jack's Full Trading System:
Weechat ID: 32114564
Bravo.1250 stop or it will goto under 1250
poor followers...

+2 Reply
felix997 Walentine
We go to 1200 So 1300 not now . Short gold withe thithe stop is the best gest. I shorted at 2185.
felix997 Walentine
Tntsurise have a good average. Mastering the market like he does is formidable so don't say poor follower.
+1 Reply
Walentine felix997
good luck!
+2 Reply
at 1282 your SL should have close the poistion, isn't it ?
+1 Reply
You said in your note with chart. "I will sell if price can't close above 1270.87". It closed above twice on 60 minute chart before small spike down?
I wasn't in the trade so just observing as aware that volatility is increasing close to US election and don't want to enter new positions over weekend.
The sudden spike/drop is unsubstantiated. So case is still valid I hope but riskier with better level to short.
+1 Reply
+2 Reply
Stop loss reach :(
+4 Reply
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