EliteOtaku
Short

Short Gold now 1497

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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6
I enter short on 1497 last night and hopefully this should be the beginning of week wave 4-Y-3.

To confirm it, Gold should break 1490 on H1 first, then 1487 on H4, close under 1471 on daily(seems we better to hold short during weekend, I bet things would be smooth in UK. The vote would pass.

My next spiral time window is 25th OCT so let us see what will happen then.
Comment: Why I short on 1497? Because on daily chart, it is conversion line of Ichimoku daily, 1497.3, the pin bar is effective.
Comment: Gold is getting support on 1491 so it might raise again to 1499-1500 to form a terminal diagonal. Let us see on EU and US trading time.

Comments

Gold had a big jump above 1500. Do you still have your short open?
+1 Reply
EliteOtaku cjsquare
@cjsquare, no, my positions were closed on that bounce.
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