tntsunrise
Short

GOLD STILL BEARISH TREND, Sell the pull back

FX:XAUUSD   Gold/U.S. Dollar
4740 23 105
6 months ago
Gold             still Bearish Trend
Sell the pull back
1243 Is the level I would like to short
if i see rally can not break through that area
6 months ago
Comment: this week's webinar time:
thursday, 22:00-23:00, UTC+8,
use the following link to join:
http://www.yy.com/15565863
see u later. it is Singapore Time 10PM. NYK: 10AM, LONDON 3PM
6 months ago
Comment: https://youtu.be/4yEyBpFXadM
the recordings is uploded. I think we just spent a great 1h together !
6 months ago
Comment:
snapshot

AB=CD pattern implies gold may have a rally.
6 months ago
Comment: Reached the resistance zone, watch price action first
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Rh63
6 months ago
Interesting how you see it...... :)
Reply
arianto
6 months ago
Jack, why is the pullback no longer 1237.58? Any other indication on the chart?
Reply
RandR arianto
6 months ago
i assume because 1243 is the previous structure level
Reply
tntsunrise TOP arianto
6 months ago
1243 IS BETTER
Reply
PabloV
6 months ago
are going to post a recording?
Reply
PhamPhan
6 months ago
Hi Jack. XABCD Pattern Complate. Long
snapshot
Reply
tntsunrise TOP PhamPhan
6 months ago
yeah. a valid pattern.
completeing at 1216
Reply
SharkbaitAl
6 months ago
Thanks again Jack I always enjoy your ideas. Hope to be able to watch the video of your webinar over the weekend I really enjoyed your last one, unfortunately could not interact live because of work. Also hope we can see that 1243 level to short from!
Reply
Khagrax
6 months ago
Hi Jack, thanks for the webinar upload, its great. However the sound cuts out from 39:02 :(
Reply
mchilado
6 months ago
Yes a great webinar thanks! I did not know how to post a comment. It seemed to be asking me login?
Reply
noel29
6 months ago
jack will you buy gold at 1216?
Reply
PhamPhan
6 months ago
Hi Jack. XABCD Pattern no complated at 1216. Complateing at 1173.
snapshot
+1 Reply
PhamPhan
6 months ago
or will Complate at 1181(AD:XA= 0.786; 0.886; 1.272;1.618)
snapshot
Reply
arianto
6 months ago
Jack, are you saying we should start buying now, or wait confirmation? I think you have too many gold thread Jack, I suggest you reorganize it into one thread.
Reply
handosul PRO arianto
6 months ago
I think Jack was hit TP complete on this thread.
and it is buying now . :-)
Reply
tntsunrise TOP handosul
6 months ago
you are almost right. i have TP 90% of my short position and long it now.
Reply
tntsunrise TOP arianto
6 months ago
you can buy for this AB=CD completion, or you can choose to take profit of your short, and wait it pull back and sell at higher price.
Reply
JamesBrown PRO tntsunrise
6 months ago
When I divide gold by EURUSD, I see the EURO being weaker (gold in uptrend in comparison to EURUSD), while it, itself is up against similar resistance. Is it not a safer (higher probability, more likely to have greater reward) short, given this information?

I see the same with gold and silver, for long positions. Silver seems to be in uptrend in comparison to gold, so it appears to be the more logical candidate to long when they both come up against support.
Reply
sititin
6 months ago
this trade is now in, right?
Reply
sititin sititin
6 months ago
what's the correct sl for this trade?
Reply
forexmech
6 months ago
H4 shows a Pinbar at the same level.
Reply
pankaj.bagal
6 months ago
After a Marubozu Candle ... Do u still wanna Short this Jack ???
Reply
arianto
6 months ago
It form a bearish pin bar on H4? So it is a sell setup Jack?
Reply
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