If today the gold doesn't break new low. and break the trend line.
This may implies the gold may change the down trend and rally to 1200. So two things we need to know: 1. a break down below 1150 implies gold may further declien to 1130 2. a break up the trend line, we may want to find a pull back to long.
directly to 1138 and no pull back.. so? when long?
makx
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Hi. I am just wondering if you entered to short position in the end? If yes, what price? Because gold didn't achieved your estimated range (your last chart) for shorting 1151-1153. Thanks.
UltraVC
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Thank you Jack : )
Rahim1976
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Thnks good
WalterWhitesMoney
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at this point do we see any buyers really stepping in to bounce it back to 1150's? Seems like its a bit too scary to me, maybe some short covering gets us to 1145ish
Great analysis either way and thanks for continuing to share.
Gl Walt
jujiang
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thanks the online coaching, i have learnt a lot......
harryexe
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Did break and entered a short, thanks!
gaptraderhq
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@tntsunrise ... Jack broke to 1145... So you believe a new low of 1130 is in sight???