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Trendhopper
Sep 6, 2016 7:20 PM

GOLD - SHORT the crab to 1328.75 Short

Gold/U.S. DollarFXCM

Description

I opened a short on the retest of the trendilne @ 1352

Im targeting 1328.75 which is support and would complete a crab pattern.
Comments
Trendhopper


Still a potential crab
Trendhopper
I have adjusted SL to breakeven at 1351.00...sometimes they come off...nothing to lose...
sulbas
I pray for that level but considering hungry bulls, correction of this rally seem not far to 1328. I guess it will step back to mid of 1336-38
Trendhopper
IF we close the day under 1237.30...then the 0.618 fib has held...this is significant and I hold the short...if nothing I close the position with breakeven/small profit ....Im not convinced about a gold bull run with an election so close
Trendhopper
i meant 1347.30
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