GOLD 1h Testing Important Structure.

FX:XAUUSD   Gold Spot / U.S. Dollar
17054 49 250
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
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.
To lean Trading like Jack:
Weechat ID: 32114564
I don't understand why you have considered selling the xauusd, the level for sell in my chart is around 1280/1300
Imagine if you guys tryed to go long since the lows :O
you have been ice cold, dollar is losing to trump and the fed
tntsunrise continue sell gold against trend from $1140 in every $20
+1 Reply
and what now?
+1 Reply
I think up till 1260 and sell... not here, is a trap.
+1 Reply
Just entered now (Y) Thanks!
Even big R here, i prefer not sell short here.
+1 Reply
i saw it! its really nice.
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