Revised LONG trading plan

FX:XAUUSD   Gold Spot / U.S. Dollar
663 18 21
LONG TARGET 1248-1250 (top of the wedge ) THEN retracement to bottom of pitchfork channel of roughly 1225 then LONG then till 1280 region (or top of the channel)
Comment: Top of Wedge can now lower if time it takes to hit there is longer. could be in the range of $1247-1249
Comment: IMPORTANT UPDATE: if nfp is positive, expect a big retracement in the region og 1170-1190. This is needed even in a bull gold market. similar to the rise in 2011.
Comment: 48-49 target hit, took profit, looking to trade the wedge till wedn
Comment: my bottom of wedge has been revised higher.
Comment: disgarded my gold shorts, long now
Comment: gold failed to break the rising wedge hence why i am long now
Comment: long at 1230$ again, might take some profits before adv nfp
Comment: updated trade idea
Comment: wow gold is moving in exactly as predicted!
Comment: my target if bull continue is now $1285-1300
most accurate prediction I have seen. GREAT JOB.
do you expect fall below 1226.. i think it may be till 1186..
Loii SunilJi
depends on nfp. but i got a feeling we heading higher. if thats the case, next week will be a big retracement. expect 38-61% retracement from this rally
where could be the potential short for this?
Loii sititin
if positive nfp i will close my longs and short the market till 1200-1190 or so.
entry 1260?
Loii sititin
really depends on nfp im just gonna trade the wedn and fri trend.
in next 14 days i m expecting a sharp up move till 1330-1350.. what you think m right or wrong
Loii SunilJi
definitely within this month. this month should end bullish
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