Gold pre-NFP, October 2017 open

Potential Inverse head shoulder pattern. Why?

1. Good us data failed to make DXY climb
2. Gold bearish flag failed
3. 69 area is the lower uptrend TL

Comment:

Thats unfourtunate, Long 77 and Stopped out at 74.

Comment:

The price now is too low for a short and a bit high for a long. But just monitor the rebound area for PA to enter.
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Comment:

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Comment:

Gold close with Daily engulfing on Friday. Potentially we will be going up to 50% correction area.

Trade active:

4H close need to be above the TL to continue up

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Trade active:

Long at 75, 95 and 89 all in green. Nicely done boys...
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Trade closed: stop reached:

Most position TPed around 1305 and remaining SLed at 1293.