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tntsunrise
Dec 27, 2018 2:42 PM

GOLD XYAB Pattern and BAT Pattern  Short

Gold/U.S. DollarFXCM

Description

GOLD XYAB Pattern and BAT Pattern

Let's take a short of gold, SL above 1280

TP1: 1269.13 TP2: 1261.97 TP3: 1253 TP4 1244

High Location
High RR ratio

Comment


Bravo instant 50 pips
Comments
RulonMarket
another fail
Mojav
Hi Mr. Jack, you are one of the best, I know that
but I see inside bar in H1, and the candle is going up!!!
can you please Explain
Best Regards...

Kelvinjacks
@Mojav, By the way I am using 1 Hr Chart. The price keeps on going up terribly. Am surprised because I got 4 sell trades active and are running on negative side! Poor me. My analysis indicated that there is a resistance at 1279---1280 maximum when I opened my trades. If I turned out I fooled myself with my damn analysis I cant blame myself losing is part of forex markets.
tntsunrise
@Mojav, as long as new high is not created, its ok to stick with the plan.
Mojav
@tntsunrise, Thank you Mr.Jack
I respect and trust you, and I love your Ideas
tntsunrise
@Mojav, no need to trust me. we just trade what we see
ReallyMe
So it should be evident now for everyone. Like I wrote below, on the day posted the idea, "You're so wrong again. Gold is breaking out like hell and your unable to see." Gold has just reached $1,286.7 still rising
WorldEconomics
Amazing, massive volatility in the financial sector and bear markets, yet gold goes down? Interesting. Investors aren't fleeing to the typical safe havens like treasuries/bonds because that is the toxic asset. Investors are fleeing to actual value assets like precious metals. I bet this chart is 100% wrong.
maceman
@BankofEngland, and I bet you are 1000% wrong. Gold not going down but it's just correction. I am on to this chart. :)

Good job Jack, go on and give us some fresh air to breath :P
WorldEconomics
@maceman, Did gold take a breather from December 2008 to September 2011? No, it went straight up. It was due to financial turmoil, which the world is already in right now.
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