Short Gold form blue zone !

FX:XAUUSD   Gold Spot / U.S. Dollar
933 12 30
Hello ! Most of my followers msg me about Gold             . I told them not to buy and Dont go along with price or either chase the price . Short Gold             form blue zone Because up trend almost comes to end, so personally i am interested to short gold             from Blue zone.. Thanks!
Why would you like to fade the trend? Unless you're a mean reversion guy, which it doesn't look like.
hi.... can you please show me how to do the chart above... trying to show the analysis at the bottom but unable to format it
You need to learn to draw these charts. I appreciate if you develop your trading strategy first. thx.
its probably small account
Its about 100 pips
I shorted awhile back at 1348 and losing money now. I just need to recovered and not getting margin call.
According to your analysis, are you implying gold will bull to 1370ish first before rebound back down to 1340ish?
Daniel-Malik Noobsnoot
yes its my personal opinion. Dont you use Risk to reward ratio ?? I mean only one trade can gives you margin call ??
Noobsnoot Daniel-Malik
Great news, it's has rebound back to 1350 now. It's still going down to what point? What do you think?
Is it based on fundamental reason or technical one? little bit of explanation would be great! thanks,
it is totally based on technical analysis
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