tntsunrise
Short

GOLD Daily 2618 Trade 20160905

FX:XAUUSD   Gold / U.S. Dollar
27273 112 365
GOLD             Daily 2618 Trade

After the NFP, Gold             rallyed from the AB=CD
completion Point.

Now I am waiting for Gold             to test 1347.28
and wait for the price action to short from that level.

So guys, Mark this horizontal Line at 1347.28
and let's turn on our radar.
Comment: GETTING CLOSER.
Trade active:
snapshot
Comment: Price Falls to 1341.
Comment: Price fall to 1320, win 270 pips
Now is good time to take some profit
and find the pull back to short again
Comment: Now is 1311, 360 pips gain.
remember to take partial profit!
Comment:
snapshot
Comment: FOMC MEETING THIS WEEK
Remember to Take some Profit and make Sl to break even for our short position.
as we dun know whether 1300 will be strong support or not.
dun open new trade before the FOMC meeting.
Trade after the news.
Comment:
snapshot

FOMC MEETING PUSH GOLD HIGHER, BUT FACING 0.618 RESISTANCE AGAIN
Comment: Now is 1286, nice short
Comment:
snapshot
Comment: Don't forget to take some profit, turn it into real profit!
Comment:
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I won't buy gold untill it touch the cypher completion.
i may keep my short position to that point. (risk free trade now )
Comment:
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Comment:
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Well done Jack.
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Thx Jack!
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perfect...
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perfect
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thanks for the analysis, Jack. btw, why dont you ever long gold? when the trend is clearly to the upside? :) maybe you do but i really dont remember you share any long ideas.
+7 Reply
Super thanks Jack.
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Nice setup. Thanks jack
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Thank u Jack:))
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Slow Stochastic indicator on the gold monthly chart now for the 3rd month with both signallines above 80 = embedded stochastic = super bullish = we´re going to $1,500 = don't trade intraday but ride this leg up over the next couple of weeks/months = the probability is very high = it will be volatile but the dips will be small & shallow & short-lived = don't take profits too early = you can make around $170 - 200 in the gold market if you just stay long.... !!! This is a rare and extremely bullish constellation...
+10 Reply
MetalCruisers PRO MidasTouchConsulting
:D
+1 Reply
realmoujik MidasTouchConsulting
I heard something about 1500. I think it's possible, let's go on the board try it!)
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yes that´s the target !! I think we are now very close to the bottom..
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Slim possibility of it just rejecting off the 38.2 fib and to continue the bearish trend ?
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thanks jack!
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got it
+1 Reply
Be sure to set Good SL for this short, it may save your account!
+3 Reply
Right on the money!! Been waiting for this.
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Thank u, Master!
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man! right on the money!
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thanks jack. already take profit on long gold. now i am waiting your suggested point to short. thanks master!!!
+1 Reply
tntsunrise TOP happyluckydog
clever boy
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Nice call Jackie!!! :) Almost there. waiting for signal!
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cowboy happyluckydog
snapshot
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sell now?
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Should we put sell now??
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fali4209 MarceloGarza
no dont sell now watch the price action for an hour
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you're the best jack...
top class
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I don't think it is jack I think it will will be at 46
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fali4209 fali4209
Sorry I meant 52
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I think it is not worth to short, if you look at big picture you will realize the down trend breakup if its higher than 1350
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Calamity Calamity
which means a potential 1435 new high is waiting, lol
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where is it going ... to the moon????
+2 Reply
Ok pulling back a little after hitting $1352. Jack, you are thinking now down to $1302 and lower?
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Do not you think that this time will be minted peaks?
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What about your short Tntsunrise? Is active ?
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Now, can we enter SHORT at 1348 ?
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happyluckydog earthkamol
short ave at 1350
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happyluckydog happyluckydog
thanks jack. another chance to have a big bone. thanks again!
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so far so good...
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some updade?
+2 Reply
Sempurna from Indonesia, It's mean is Perfect
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XAU USD TODAY SEPT 09 2016, SELL ROAD MAP TO 1,300 - 1,250 ^____^
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pmcllc PRO tempattradingc
it is likely that could happen
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Thankd jack i short from 1351.
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I have bearish wolfe wave that formed 2 days ago above.1350 on the hourly. It will need to go lower from here to confirm. Been checking out this level as recommended. July closed at 1349 as well.
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Is this trade still valid as gold has crossed this point?
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hi jack,the gold met the downtrend line,how about the ABCDE retracement?
snapshot
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VERY GOOD
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Nice chart...I think its bearish too, I don't buy into a new gold run.....still seeing a long term bat pattern to 1220....
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gold is getting stuborn to go down
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Very nice Jack . Thank u :))
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Short now??! Tp and sl?
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Hi, I was away and couldn't place an order earlier today. Do you see a quick bounce to 1341/2 tomorrow or should I get in now @ CMP 1337 ish?
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Love this train ride, thanks Jack, your the man
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Wow, very impressed, definitely I want you be my mentor and take your course with no question about it. And almost all your trades smash your targets, I missed gold trade, do you think I can make an entry now?
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yup it looks like it... maybe lower to 16's
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Hi Jack, first of all thanks so much for your trades they are complete fire! i wanted to ask you where do you think gold will head now because of the reversal ? Thanks Man
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Well... It seems i missed the original move... But i was wondering that now as the price is doing an outside return a.k.a Lower High..... Should i enter? What do you suggest Jack? And if yes what might be the best method to go about it? Some sort of price retest or so???
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Hi Jack i short at 1350 and now i still hold it. Can i still hold untill at 1302.44 or not ? Some update pls. :))
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Is the big Pinbar on Gold Daily chart saying 'take profit now'? Or should we ignore it with a 'set and forget' mindset and wait for planned TP? Perhaps move SL to break even? I feel like I'm getting a bit better with waiting for the entry, but while it's open I still get the feeling of taking something while there is something and getting scared to just leave it.

'Plan Your Trade - Trade Your Plan'

I guess that answers my question... but would still like to hear your thoughts on the above. Thank you so much for your guidance on both Technicals and Emotionals!
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do you have the pullback level?
+1 Reply
don't be so lazy
+3 Reply
EYEO tntsunrise
hahahaha..... I will try to find it.
+1 Reply
snapshot
+2 Reply
EYEO tntsunrise
got it. Thank you.
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awesome!!
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Thank u so much Jack :))
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good, jack.
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THANKS JACK !
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Thank you i was with you on this Trade! Crack!
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Nice trade Jack! Watching that level again -- line is on the chart!
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very nice trade. Awesome. will join your class when I make enough money by copying ~
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could you pls explain what the red dots for on your chart? thanks.
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Try to click on one and you'll figure on your own
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MY past idea
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THANKS
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Thanks, Jack.
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hi
when will be FOMC MEETING THIS WEEK ?
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earthkamol grappa01
21 September at 10 a.m. (US time)
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Thank u so much Jack :))
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Thank you for the logic Jack, can I ask what is a breakeven?
+1 Reply
means ur SL is same as ur open price
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Calamity tntsunrise
Thank you!
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Hi Jack
What is your view now after FOMC
It has not touched 1300 but had a big bounce. will it come back
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heloo jack. which flb you use? can you give me it
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Looks like want to re-test 1350 zone >.<
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short again?
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I was expecting to see a nice pop after the FOMC meeting, it came before the news but no follow through after the news. Why? I thought no rate hike would be the catalyst for the next bull run. Responding bearishly to bullish news is a sign of weakness. The gold bugs must be scratching their heads.
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Hi Jack short at 1347.21 or 1358 ? thank u :))
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i remember the one going down 1170s...??
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Shorted somewhere in the 1330's and STILL holding. Added short position at 1325 and took it out with profit at 1304 .. and then WOW. Haha. Waiting for a pull back/PAction to add more shorts. Thanks Jack~
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Jack, could you please explain where the $1,275 target comes from.

At this point I'm only seeing $1,257 (200MA) and $1,250 (Jun 24 low, which also happens to be the 61.8% Fib) as the two potential reversing points. And given their proximity, $1,250 might be more likely.
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tntsunrise TOP VirtualFax
there are some instituioanl order
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VirtualFax tntsunrise
I see. Thank you.

Do you think it's a reliable enough target? Order can be amended in response to the action.
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tntsunrise TOP VirtualFax
snapshot
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tntsunrise TOP VirtualFax
USE 1116 :)
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VirtualFax tntsunrise
I'm hoping (please note that I'm not claiming but simply hoping : ) that this cypher will never print itself. This would have been a totally devastating move. I can't imagine what should happen fundamentally for such scenario to unfold. Elections? But I'd assume both outcomes have already been priced to a certain extent. What else?
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pmcllc PRO tntsunrise
yes I remember that pattern around 1116...
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pmcllc PRO tntsunrise
the 1116 might be around the first few months of 2017...
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VirtualFax tntsunrise
Has the institutional order been filled?
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i like you Jack,you are like an gymnastic athlet in this business.
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thank u sir.
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We have these harmonic patterns in play, as well - much shorter timeframe plays than Jack's cypher:

snapshot
+2 Reply
albertwt JamesBrown
Do you think it will be dropping to the December 2015 level ?
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it drop down to 1273...
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My thumb up to you, Jack.
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now what are you looking jack
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Hi Jack what is the cypher pattern?
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Great
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snapshot


Looks like forming H & S Patteren
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http://us2.campaign-archive2.com/?u=782363159fbc9257a5256cdde&id=6dca6e711d&e=
+1 Reply
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