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CALPIPS

Gold is still Bearish, Keep Shorting.

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
CALPIPS Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis XAUUSD xauusdupdates xauusdanalysis xauusdsignal xauusdidea goldidea goldforecast goldtradingstrategy xauusdforecast
4
4
trendanalysis chartpattern beyondta xauusd xauusdupdates xauusdanalysis xauusdsignal xauusdidea goldidea goldforecast goldtradingstrategy xauusdforecast
After Long and Short yesterday, Gold continues Bearish as expected.

As gold just break main support just now.
I will keep shorting until we hit bottom before start going long.

This week could drop below 1900.

Next Update in Comment Section.
Trade active:
Entry: 1945
Comment:
If this H4 closing in bull hammer I may close short and wait for next top to short again.
Trade closed manually:
TP my short at 1934.
+110pips.

**This idea no longer valid for now, gold seem retracing to retest 1970 level, check next post for next update.
Trade active:
Reenter short at 1949 as it appear rejection on H4
Comment:
SL updated: 1956
Trade active:
Still holding short from 1954.
Trade closed manually:
TP at 1930.
+240pips
Comment:
**Refer to Next IDEA.
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