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Olu
May 21, 2016 3:56 PM

Gold: Looking Lower From Here To 1200 Short

Gold/U.S. DollarFXCM

Description

Comments on the chart. If price blows past 1285 the idea is absolutely wrong

Comment

Price fell today. If the idea is right price might be in a wave 3 of (A) and so price should fall hard. I would not like to see 1288

Comment

A hard fall today as expected

Comment

Price reached 1200 as expected and I am looking for some upside action towards 1245 area. The idea will fail if price falls hard below the 1200 low quickly

Comment

Looking ffor price to go towards the 1240 area and then another decline to 11180 area

Comment

The idea is paying out well so far. Price is appriaching the (B) area helped by the beating the $ took last friday. So for the idea to still play out price needs to turn down in a (C) towards 1180
Comments
SharkbaitAl
Thanks for sharing, I enjoyed your post. I am short too hope we see these levels!
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