tntsunrise
Short

Multiple Calculation Implies Gold's rally to the end:

FX:XAUUSD   Gold/U.S. Dollar
6163 44 141
7 months ago
Multiple Calculation
Implies Gold's rally to the end:
The 1.618 EXT at 1297.89
The 200% at 1301.40
The Big AB=CD Complete at 1299
RSI is Overbought
All these tellng me Gold             is facing Daily Resistance
I will look into small time frame to find
any bearish pattern: double top , Pin Bar, Bearish Engulfing
and short
7 months ago
Comment:
snapshot
7 months ago
Comment: seems 1h going to be a bearish pin bar
7 months ago
Comment:
snapshot

It's a bull trap at 1300
7 months ago
Comment:
snapshot
7 months ago
Trade active:
snapshot

Short at 1296.50,
7 months ago
Comment:
snapshot
7 months ago
Comment:
snapshot

Bearsih Bat Pattern
7 months ago
Comment:
snapshot

Power of bat pattern.
Did you short?
7 months ago
Comment: Short at 1296 and 1300
Now win 170 pips
7 months ago
Comment:
snapshot

Two Target updated

Reminder: For thoese people who believe gold is bullish and want to long gold,
please be careful
Trend can by changed, that's how turning point forms.Dont be trapped.
What I think is: if gold never break up 1307,
we can not say it is bullish.
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AngerdX PRO
7 months ago
Will keep an eye on this for sure. Thanks
Reply
quantafund1979
7 months ago
GREAT!
Reply
vika111
7 months ago
i think 1307 good for sell
+1 Reply
ender.genom vika111
7 months ago
please public chart
Reply
tntsunrise TOP vika111
7 months ago
1307 is previous high. it is also a nice place to short
Reply
hir0406
7 months ago
thanks
Reply
ender.genom
7 months ago
m1 pinbar + shs
Reply
pmcllc PRO
7 months ago
it looks very toppy to me at this point, maybe a suckers rally?
Reply
tntsunrise TOP pmcllc
7 months ago
snapshot
Reply
fali4209
7 months ago
I assume this is the same for silver ?
Reply
tntsunrise TOP fali4209
7 months ago
YUP
Reply
quantafund1979
7 months ago
am still waiting
Reply
tntsunrise TOP quantafund1979
7 months ago
SAME
Reply
tntsunrise TOP quantafund1979
7 months ago
haha zhen dong!
Reply
tntsunrise TOP quantafund1979
7 months ago
nice to see you here. Congratulations that you have completed my course. Wish you a great sucess in trading!
Reply
manish101
7 months ago
are we good to short now Jack?
Reply
tntsunrise TOP manish101
7 months ago
1296 pull back short
Reply
hankchef
7 months ago
great trade!
Reply
IAmAgainst
7 months ago
Congratulations.. great trade and great trader. What's your stop? I placed mine a bit above the 127% extension but I'm worried about brokers pushing a spike to hunt stops..
Reply
MaryJane
7 months ago
Nice Analysis - thx a lot....in the shortterm, i have the same opinion, but i don`t think ist time for Shorts....NEVER fight against a bullish FLAG! :-) https://www.tradingview.com/chart/GC1%21/qnHQBIv8-Gold-with-Bullish-Flag-and-1-2-3-Breakout-Chance/
Reply
MaryJane
7 months ago
snapshot
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MaryJane
7 months ago
snapshot
the shortterm short has just the character of a consolidation for further highs..?
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MaryJane
7 months ago
the short at the actual Level is very risky because it is an anticyclical Setup (never fight against the trend) ... i think Shorts with minimal risk can be opened when we trade below the trend < 1255$ with tp 1226...we will see :-)
Reply
MaryJane
7 months ago
in Addition to the uptrend and the flag, i see a classical 1-2-3 Setup - with a midterm buying Signal
Introduction into 1-2-3 Trading Pattern
snapshot
Reply
JayM
7 months ago
Breaks above 1316 negates this view.
Reply
JayM
7 months ago
Breaks above 1316 negates this view.

snapshot
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ziosam JayM
7 months ago
Helo is 1215 or 1315 ? Thanks
Reply
JayM ziosam
7 months ago
1315, sorry for my mistake.
Reply
ChimbOt PRO
7 months ago
XAU
Reply
kizly
7 months ago
Great analysis and trade! Thanks
Reply
Peter_238
7 months ago
yeah 1298
Reply
tntsunrise TOP Peter_238
7 months ago
Congrats! 100 pips
Reply
Peter_238
7 months ago
yes... thanks to u sir... ;)
Reply
grappa01
7 months ago
I think support is on 1280 ....
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JayM grappa01
7 months ago
Yes, me too guess so. Support is at 1277.50 and gold will make a new height (1315).
Reply
bunah2
7 months ago
Good job Jack.

I wish I joined you, but I did not trade Gold before.
Reply
tntsunrise TOP bunah2
7 months ago
no worries. wait for the next trade
Reply
bunah2 tntsunrise
7 months ago
Thanks,
:-)
Reply
uperth
7 months ago
Thank you very much. So, if I understand you right if Gold breaks 1307 it is bullish, if it does not break 1307 there is a good chance it is turning to be bearish again?
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tntsunrise TOP uperth
7 months ago
YES
Reply
You rock man! Lately, you´re the best around here! :)
Reply
Did you close yet, or is your SL on BE? The new trade suggest termination of this one if the SL is on BE...
Thanks
Reply
tntsunrise TOP sketchmaster
7 months ago
Close some profit. if pull back i will use the 2618 or cypher to sell again
Reply
sketchmaster PRO tntsunrise
7 months ago
Ok, thank you for your time to explain.
Reply
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