tntsunrise
Short

GOLD 1h Testing Important Structure.

FX:XAUUSD   Gold / U.S. Dollar
16849 49 246
GOLD             1h Testing Important Structure.

It is good to observe and bearish pattern or price action
and look for a short.

Weekly Chart Gold             is already in resistance area
from 1241-1249
Hence, look into 1h chart to find a short opportunity
is reasonable.
Comment: Nice Drop to 1233.
Comment: Take some profit at 1224
Comment:
snapshot
Trade closed manually: After Taking some profit at 1224 then price rally and break new high,
break-even stop loss was triggered.
Comment: Sry, Mistake, should be 1227. Price didnt really touch 1224.
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Thanks Jack
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thanks
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great
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Is it for sale now ??
Thank you
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Contrary to most of traders .. wow..
+4 Reply
makes sense !
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HOW MANY TIMES U WANT YR STOPLOSS TO HIT IN GOLD ..............LOL
+15 Reply
Jor4hub montu3281
@montu3281, can I have a look at your chart ?
+3 Reply
tkkandrew montu3281
@montu3281, I bet no one can beat you with your experience in Stop Loss. Never fail to get stop out everytime
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RajaRashid montu3281
@montu3281, agreed ........
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Pleased to see that you are one of the only traders who also see this. Nevermind the trolls, time will tell.
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time to short it
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Gorgeous 5898928
@5898928, Time to buy
+5 Reply
www.wsjcom/articles/soros-sold-barrick-gold-ahead-of-rally-1487200377
+1 Reply
This is how you lose money. Always look in 1 direction.
+6 Reply
Perseus tradenewbie
@tradenewbie, Only one button on his keyboard.
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When dollar was up, gold was going side way. Now dollar is down again. Doesn't look like a bear market to me. If your short is successful this time, it's purely luck and not based on momentum analysis.
+3 Reply
Perseus tradenewbie
@tradenewbie, I agree.
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Thank you! Good luck everyone
+1 Reply
@tebriz, I agree, they need it!
+1 Reply
Is this active right?
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rule #1: do not short gold on its way to the mooooooon
rule #2: sell house, buy gold
+2 Reply
ernstschwarz bullsbabybulls
@bullsbabybulls, you could specify your rules with some reasons.
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this time I trust jack ,He is a swing trader. and gold cant create new high this week.
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Thanks jack
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I think GOLD will make new highs.
+5 Reply
Perfect short, double top
+1 Reply
pray to the god that you be right this time
+2 Reply
Thanks jack.
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It's testing...so far so good!
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With you on this one Jack!
GOLD (XAUUSD) - Corrective ABC for Intermediate Wave 2
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Libeloo24 PRO Libeloo24
@Libeloo24, perfect short :) haters gonna hate
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Thanks Jack, which is your TP down ?
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Beautiful trade setup, thank you for sharing your view. I have similar idea as well on this pair.
XAUUSD (GOLD) SHORT 1 HR BREAK AND RETEST TRADE SETUP
+1 Reply
It doesn't look like a short to me.

snapshot
+1 Reply
Made slot on this call. Thanks.
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_c0mrad _c0mrad
@_c0mrad, alot*
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jack you mean 1234 ?
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I took all the profits... i will open a new one now ..
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i saw it! its really nice.
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Even big R here, i prefer not sell short here.
+1 Reply
Just entered now (Y) Thanks!
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I think up till 1260 and sell... not here, is a trap.
+1 Reply
and what now?
+1 Reply
tntsunrise continue sell gold against trend from $1140 in every $20
+1 Reply
you have been ice cold, dollar is losing to trump and the fed
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Imagine if you guys tryed to go long since the lows :O
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I don't understand why you have considered selling the xauusd, the level for sell in my chart is around 1280/1300
Cup and Handle
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