MetalCruisers

GOLD / 500oz swing / It's time, the day has come.

FX_IDC:XAUUSD   GOLD / US DOLLAR
Hello boyz and grilz.
The day has come. It's Thursday.
GDP data will set the dirrection for a lot of things.
We are still in sell zone, and I am currently in sell from 1326.00
I will be looking at how 1320             reacts, and my main TP is 1317.00.
If that is broken ( I suppose it can happen on Good GDP data ) well then fasten your seat belts.
TPP.

http://prnt.sc/ca2grk
Trade closed manually: Sell closed manually.
Will wait for better entry.
Update later.
Comment: Did more analysis, and for me we are still in bear zone with uncompleted targets.
Of course it can breakout, but I would still Hedge sell from Pivot area, as well other levels laying around there.
http://prnt.sc/ca38as
Furthermore BB pivots. Current swirl, and HTD levels around Pivot area.
http://prnt.sc/ca38nj
Looking for target 1320-18, as I believe we would have better bottom to buy from.
SL would be above 100% ( 1335 )
Just my two cents.
29 is what Ill be looking for to sell from.
Patience of course.
Comment: Have a feeling well go for 20-18. Not selling here. If it does go there, I guess we could try and go long.
Trade closed: target reached: Hello.
After noticed that price was rejected from 50% and got down on Green Trigger zone, I reentered Sell.
TP 1 is reached.
I will be looking now how 0% base reacts, but I believe we may see a TP from AFT signals section or even TP2 from wave 6.
I am not closing my sell, but placing Trail stops here.
http://prnt.sc/ca8pxo
Thanks.
its coming well
Reply
you think its got a lot more room to drop still?
Reply
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