jackmyattFX
Short

MORE GOLD SHORTS

FX:XAUUSD   Gold / U.S. Dollar
873 5 24
-I THINK YOU CAN SEE WHY IM TRADING THIS SHORT
-YOUR CHOICE IS WHERE TO JUMP IN
-WAIT FOR THE BREAK OF THE FIB 0.382 LINE OR A SMALL TRENDLINE ON THE HOURLY TIMEFRAME
-GOLD SHORTS HAVE BEEN GREAT RECENTLY
-IM SEEING CONTINUATION
-BREAK RETEST AND DOWN

Comment:
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snapshot
+1 Reply
trendlines are support and resistance levels....there "areas" not exact lines :)
Reply
trendlines are support and resistance levels....there "areas" not exact lines :)


Reply
snapshot


This is why I don't use trendlines; too much subjectivity.
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Maybe a wider stop since GOLD is so choppy and 1263-1265 target at Daily support!

Great analysis.
Reply
jackmyattFX erillmann96
Im not in yet bro off this analysis... Ive been short for a while if you follow my other analysis ideas :)
Reply
jackmyattFX erillmann96
Im not in yet bro off this analysis... Ive been short for a while if you follow my other analysis ideas :)
Reply
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