tntsunrise
Short

Gold Wait for this correction end and short

FX:XAUUSD   Gold Spot / U.S. Dollar
8823 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:
snapshot

If the NFP can't break 1280
we want to short
Comment:
snapshot
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wrong idea again!!! failed idea .....
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wrong idea again!!!
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Well done, impressive charts.
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is sell setup still valid?
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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
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Always love your analysis, thanks tntsunrise!
+1 Reply
Your analysis is always one of the first things I look out for, thanks!
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my sense told me that no pullback, just down from here on :D
Reply
dakkid NimRODZ
@NimRODZ, Good job !
Reply
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