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UnknownUnicorn540299
Nov 30, 2017 4:53 PM

Xau: Same old story Long

GOLD / U.S. DOLLARICE

Description

Zzzzzz....

Comment

Dramatic stories inside peoples heads:
-North Korea won't make it go up!
-It falls with dollar!
- Break of line!

Chillax. It's just in a range. Nothing to get dramatic about.
But simple minds tend to get dramatic :)

Comment

1273.3 is unseen level, so highly likely reversal from there.

Trade active

Comment

Que dramatico!!!


Lol.

Comment

1294 is also an interesting number. We may call that TP1 on shorter timeframe.

Comment

My longs feelsafe. Isn't that nice to know?

Comment

Booom :)

Trade closed: stop reached

Broke clearly down from the extremely boring range. Now it will use some days to search for a bottom before going back up.
Comments
tdiroz
the trend is definitely down, this is just the beginning
UnknownUnicorn540299
@tdiroz, Please show me how you measure trend.
tdiroz
@viking83, sorry for being so vague. Trading short-mid term, charts + fundamentals. Since recent high of 1360 (when people probably thought war outbreak with NK missiles?) gold's been weak, making only LH but true failing to break 1260 several times now. On the weekly, been short since 1320, cashed out couple times around 1260 and added again with new LH. That's the trend I'm talking about. Tomorrow though will be interesting, if it doesn't break 1260 I might give up on the "trend". Gold been weak and just seems time for the DXY to pop, if it does gold bear will be confirmed. Mid December interest rates policy meeting must have it's go with the DXY too, but we'll see.
vx7777
BOOM! xD
vponda
where should put stop loss?
UnknownUnicorn540299
@pipfinance, No idea what you can call it :)
ShivamVerma
Yes GO FOR LONG 1289-1294-1302

Right i am with you
showerreport
Gold will move if its starts dreaming with the Metallica's Sandman.
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