tntsunrise
Short

Gold Wait for this correction end and short

FX:XAUUSD   Gold Spot / U.S. Dollar
8945 12 120
Gold             Wait for this correction end and short

Gold             now is in a 2 leg rally stage

if this 2 LEG rally end at 1280 and can't break new high
we can wait for the gold             to break down the channel
and short
Use the FIB ext tools as well: 1278 and 1280 is the key
point

Plan B: if strong bullish candle close above 1281
and we want to buy gold             if there is pull back
Comment:
If the NFP can't break 1280
we want to short
Comment:
wrong idea again!!! failed idea .....
Reply
wrong idea again!!!
Reply
Well done, impressive charts.
Reply
is sell setup still valid?
Reply
dakkid vponda
@vponda, maybe it's too late as pullback already done and went down quickly...
Reply
Interesting... very interesting... please update the idea too so we can keep track of it tntsunrise
Reply
Always love your analysis, thanks tntsunrise!
+1 Reply
Your analysis is always one of the first things I look out for, thanks!
Reply
my sense told me that no pullback, just down from here on :D
Reply
dakkid NimRODZ
@NimRODZ, Good job !
Reply
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