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Smokwawelski

GOLD GREAT ROTATION -SHORT THEN LONG

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Smokwawelski Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
10
3
AFTER FOMC AND MOVEMENT ON FX TOWARD LONG USD I PROPOSE GREAT RIDE ON GOLD
AFTER DUBLE TOP -SHORT THE GOLD MARKET - POSSIBLE BUTTERFLY FORMATION

REACHING 960 LOOK FOR LONG SETUP
Comment:
It seems possible to get better short entry at 1285-1290.lets see.if so it may be chance to enhance position size with even better RRR.
Comment:
GOLD HAS NOT SHARED THE OPTIMISM US ON EURUSD.
IS THAT SIGNIFICANT. ?
DOES GOLD DOUBTING IN EUR RALLY FRO TODAY?
Comment:
GOLD IS HEADING DOWN CLEARLY. IT SHOULD BE WARNING FOR OTHER CURRENCIES VS US DOLLAR MAINLY EUR, AUD, GBP
Comment:
it looks like we are now at 2618
If DXY confirms strong dollar pattern gold can be in real danger ....
Comment:
SELL GOLD IS NOW RIGHT TIME ...
Comment:
Possibly best entry point for short in the strategy....
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