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.
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.
Comment:
The slope line seems a good resistance currently
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.
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.
Comment:
Show some rejection from the upper orange line.
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.