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SKILFULKNOWLEDGE
Oct 5, 2017 8:12 AM

XAUUSD Short

GOLD / U.S. DOLLARICE

Description

STRONG DAILY RESISTANCE AT 1276.63.
IF WE DONT BREAK THAT ZONE. ILL BE SHORTING FROM THERE
DOWN TO MY HOT BUY ZONE WHICH IS ALSO MY DAILY SUPPORT.

-SKILFULKNOWLEDGE

Comment

1278.77 IS ALSO A GREAT KEY POINT FOR A SELL
Comments
sghan
Are you expecting the data to be good for Gold?
SKILFULKNOWLEDGE
@sghan, YES if we are insinuating a war with N. Korea, and
causing big shoot ups in LAS VEGAS we might even see civil war soon.
just my thoughts haha which make this NFP important,
sghan
@dsandoval19911, ic...NK has been subdued, well due to hurricane , i am expecting to be low. however they have already adjusted the value to be quite low. So i am a bit skeptic to be good though i am long as well.. :)
SKILFULKNOWLEDGE
@sghan, yes I agree the value of gold has been quite low this year.
I believe USD spiked up in price way to quick this past week. Its time for a nice run again for 1305 hopefully.
especially after that hurricane.. but in all conspiracy on 9/11 federal govt. received over 26 trillion (unclaimed dollars)
I think they are bluffing but they may hike rates by 60% in December especially after that recovery, since we are in such a debt.
that money came from birth certificates bonds. people that passed away in that hurricane.
sghan
@dsandoval19911, great, make sense..:)
SKILFULKNOWLEDGE
@sghan, another success !
sghan
@dsandoval19911, yes buddy, congrads.. :) now got to watch out break of 1280/81 and stay up for at least a day will confirm the bullish reversal...:)
SKILFULKNOWLEDGE
@sghan, yes! 1278-1281 are very strong resistance zones especially after seeing those strong price rejections .. I'll be taking a couple shorts in that area for sure tomorrow.
sghan
@dsandoval19911, yes buddy , there is a chance of pull back as you mentioned. 1281 is the critical level to decide...
sghan
@dsandoval19911, btw, i have already placed a sell order at 1283 which is 0.236 of 1357 to 1260 swing...
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