jackmyattFX
Short

MORE GOLD SHORTS

FX:XAUUSD   Gold / U.S. Dollar
872 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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Maybe a wider stop since GOLD is so choppy and 1263-1265 target at Daily support!

Great analysis.
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This is why I don't use trendlines; too much subjectivity.
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+1 Reply
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