LeoYao
Short

Many followers asked me whether can short XAUUSD

FX:XAUUSD   Gold/U.S. Dollar
1985 21 41
8 months ago
Many followers missed my short from 1287 and long from 1201, and continues to ask me whether can short now?
First, it's good to see my followers did not chase the price.
Second, in long run, I expect GOLD             to be bullish which i have explained many times in my previous ideas.
Third, if if if you really really really want to short XAUUSD             , you can use small positions to short in the zone which are made up by orange lines.
You can short from the slash line or horizontal line. Depends on you.

But personally, I still long for XAUUSD             and will not open this short position. I prefer long in a lower price.
8 months ago
Comment: From1264.26 drop to almost 1259 currently, around 50 pips.

For those who wanted to short all the time, you win. U successfully forced me to publish a idea to short XAUUSD. But personally speaking, it's more like a scalping and I'm not in it.

But luckily, you are all in profit. I do not want my followers to lose no matter long or short.
8 months ago
Comment: The slope line seems a good resistance currently
8 months ago
Comment: Create new high as I expected that is why i say I would not enter short for XAUUSD now.

For those entered this scalping idea to short last night, during around 20 hours you were in profit. Did you put it into your pocket? If yes, nice, this is a bonus for our long trade from 1201 till now.
8 months ago
Comment: Show some rejection from the upper orange line.

snapshot
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Related Ideas

DheeranParmar
8 months ago
should we hold onto it for now or will it have a big drop and not recover?
Reply
DheeranParmar DheeranParmar
8 months ago
sorry wrong post
Reply
Sakakikunmakio
8 months ago
Grab profit don't be greedy.. Next week gold seeking below 1200.. Might be we will see below 1200 end of this month
+1 Reply
LeoYao Sakakikunmakio
8 months ago
let's see
Reply
Gorbie LeoYao
8 months ago
Hello Leo! When we are should see $1440 ?

GOLD (XAUUSD)
Reply
LeoYao Gorbie
8 months ago
wow, u r a little bit greedy.lol. Let's make it step by step. 1280,1300 first.
Reply
Gorbie LeoYao
8 months ago
Yes, sir! Now looking for shorts with target at the end of 2nd wave. So, what about $1440 to the end of 2016?

snapshot
Reply
LeoYao Gorbie
8 months ago
definitely possible,and also depends on when the bubble of usa stock starts to blow up.
Reply
Gorbie LeoYao
8 months ago
Excuse me pls. What you mean? Which sector or companies should be the trigger? Where is bubble?
Reply
LeoYao Gorbie
8 months ago
USA stock market, there is a big bubble. George Soros also did the same thing now like me to short us stock market. u can check my SPX500 idea already win a lot
Reply
Gorbie LeoYao
8 months ago
Certainly, I see. But where is bubble? There is correction, flat. And after all stocks should grows up. Do you know where is dirty trick?
Reply
Loii
8 months ago
What do you think?
GOLD BOUNCE OFF KEY SUPPORT LINE - bull
+1 Reply
LeoYao Loii
8 months ago
Agree,can be higher
Reply
VietnamGold
8 months ago
Don't short it until it reaches like 1285-1290. This is not going down easily like we all expect.
GOLD SHORT (PART 1)
+1 Reply
LeoYao VietnamGold
8 months ago
Of course
Reply
Boumrah
8 months ago
i appreciate your idea,i will short if it breaks,what do you think,is it time to go down ? ??
:)
SELL THE BREAKOUT
+1 Reply
LeoYao Boumrah
8 months ago
Thanks for ur support. Sorry I am busy today morning cannot take a close look into it. But I remember based on last night what I saw, 1274 and 1280 may be a considerable place to short
+1 Reply
jay_y Boumrah
8 months ago
Responding to your reply, price going to bounce up from the lower wedge. Temporary Long till it touches to the top boundary of the wedge.
+1 Reply
Amin.Wafa
8 months ago
Do you think it's good time to short?
Reply
LeoYao Amin.Wafa
8 months ago
1280 might be a potential short place. As i still hold long position, i will just take partial profit rather than short. Btw, if you are interested in my trading class, u can email to leoyaotrading@outlook.com
Reply
Amin.Wafa LeoYao
8 months ago
Sure thanks
Reply
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