tntsunrise
Short

SHORT GOLD AT 1072 WITH 4 REASONS

FX:XAUUSD   Gold/U.S. Dollar
1068 11 29
SHORT GOLD             AT 1072
BASED ON 4 REASONS:
1: AB=CD
2: 1.618 AB
3: VERY STRONG STRUCTURE
4: RSI OVER BOUGHT
SL: 1077.30
TP1: 1065
TP2: 1058
Trade closed: stop reached: STOPPED AT 1077 due to hudge rally.
Now gold is 1085.
I have no regret to stop at 1077.
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NOT TRUE THEN PRO , tend to occur INCORRECT
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NOT TRUE THEN PRO , tend to occur INCORRECT
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Hi Jack! Any thoughts on the further movement?
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Never mind, the market will do what it is going to do. Your next update on the GOLD chart.
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Whats up with the decline of the USD? Rate hike seems more on the table with NFP?
I havent made this trade but thinking of shorting it around the current level
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tntsunrise TOP teddyrucks
coz the NFP shows that the FED will increase the rate in DEC. then gold rally because gold is a product of anti inflation.
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teddyrucks PRO tntsunrise
Thanks for the explanation.
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Rocketman PRO teddyrucks
Look to buy some US Dollars:
snapshot
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Ouch! actually put SL at 1081.5 . Never mind I'll try again.
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OH..UR SL A BIT FAR. 1077 enough already
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