Short Gold Based on Previous Structure

FX:XAUUSD   Gold Spot / U.S. Dollar
2429 14 52
Short Gold             Based on Previous Structure
and long term trend line
Enter at 1190
SL: 1207
TP1: 1130
TP2: 1050
Trade closed: stop reached
Trade active:
Re-entered at 1207 based on 0.618 level
To lean Jack's Full Trading System:
Weechat ID: 32114564
its going up only no sign of reverse .
it broke everything ^_^
jangseohee jangseohee
gotta wait for big short signal
+1 Reply
moneymaking jangseohee
Agree, big sell is coming soon :)
any reason why you failed on this short squeeze?
That is a ballsy move at this period of time
same here
Technical analysis doesn't matter here now....the market is driven by risk sentiment (risk aversion mentality) therefore shorting gold will be like trying to catch the falling life.....having said that, you should follow your methodology anyway. Goodluck with this trade.
tntsunrise SaifurRahman
you are absolutely right! the stocks are falling like crazy. same as usdjpy. but 1207 is the level i am looking for.
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