tntsunrise
Short

GOLD WEDGE AND RSI DIVERGENCE

FX:XAUUSD   Gold/U.S. Dollar
7120 43 178
5 months ago
SHORT GOLD             RIGHT NOW
1276.34
SL: 1280.60
TP1: 1270
TP2: 1260

5 WAVE in the Wedge with RSI Overbought
This give us the great opportunity to short gold             here.
5 months ago
Comment: TP1 HIT
+60 PIPS
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KristupasDaunys
5 months ago
Sharp eye, thanks!
Reply
I_see_BTC PRO
5 months ago
Looks good to me!
Reply
val_trader
5 months ago
I try...
Reply
manonmars_17
5 months ago
I hope you are right
Reply
Great. I'm in at 1275. Thanks.
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fxmoneycontrol
5 months ago
what a trade bro,thanks,
Reply
SachinChouhan
5 months ago
short

Reply
Dps
5 months ago
gr8 call Jack..sharp fall from 1276..TP1 is almost there..
Reply
ashif030
5 months ago
target 1 achieved :-)
Reply
XTAL.ball
5 months ago
Brilliant!
Reply
farisalateeq
5 months ago
Thanks ,, I got around 60 pips ,, ^_^
Reply
Trendhopper PRO farisalateeq
5 months ago
Brilliant shorted from 1275-1270..thank you!!!!
Reply
rameshtekmal
5 months ago
shall I wait for TP 2 please
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Link77 PRO
5 months ago
Nice trade Jack, I was watching this as well.
Reply
rameshtekmal
5 months ago
One Question for jack US Dollar index climbs since two days but gold not down why?
Reply
CFDTradingo PRO rameshtekmal
5 months ago
When a rate rise is expected then DXY rises & Gold falls. No rate rise is now expected so DXY is most likely rising due to risk off theme and Gold rising due to Brexit or general fear.
Reply
fxmoneycontrol
5 months ago
u closed ur full position?
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IAmAgainst fxmoneycontrol
5 months ago
The usual advice is to close half of it and move your stop to break even.
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SupraBoy
5 months ago
Can't wait to see how many of you get slaughtered shorting gold here. See ya at 1350 by august.
+1 Reply
SURANTO
5 months ago
Great Jack.... Thanks
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BryanLasmana
5 months ago
Morning Jack, thank you for you review on this.
Win 60 pips last night, I just want to ask, can I re-enter the market at 1276 to test TP2?
thanks a lot Jack, your idea and updates really help my trading profit!
Reply
jangseohee
5 months ago
snapshot

the right shoulder potentially
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Alland296
5 months ago
Thx alot mate. Got on it. Glad to have found this website and its members. Cheers
Reply
sititin
5 months ago
is there any other entry point for this short trade?
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moneerbarazi
5 months ago
Just noticed it.. I will be waiting for the breakout
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hao.deng.m
5 months ago
More and more traders are starting using wave analysis, lol
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Kipyegonn
5 months ago
In my opinion, the bulls just begun...I'm holding my longs till the last week before FOMC meeting in July
+1 Reply
arshadd
5 months ago
bro Jack, kindly put some light on the "your way of wave counting".. please share some core rules of recognizing the wave count..
Reply
Bandarsq PRO
5 months ago
I agree.
snapshot
Reply
max_well92 Bandarsq
5 months ago
Thanks for this advice !
Reply
erick2chill
5 months ago
MONEY$

Reply
atimma
5 months ago
RSI is still rising. you're getting a little ahead of yourself
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-Andrew- PRO
5 months ago
You may also want to pay close attention to 1280-1290 to short... ?Potential libra pattern forming.
snapshot
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atimma
5 months ago
also, the RSI just made another peak above its previous peak. That's not bearish. You drew the line comepletely ignoring the 2nd peak
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DucThanhBui
5 months ago
Is RSI (7, Close) mean the Price Momentum?
Reply
kevinkwok_22
5 months ago
Is this a libra pattern?
https://www.tradingview.com/chart/B9cr7fGd/
Reply
kevinkwok_22 kevinkwok_22
5 months ago
Sorry, this one:
snapshot
+1 Reply
DanielAnthony kevinkwok_22
5 months ago
asking the same question
Reply
max_well92
5 months ago
Well done !!!
Reply
arif_awan
5 months ago
great chart brother, xiexie
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ploy1102
5 months ago
wrong
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ReneK
5 months ago
If you works with a elliot wave you shout know that a ABCDE Wave comes after a impulse. A hour - chart is to short to see that, on the 4-hour chart you see that this chart still in a impulse
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samstrong2501
5 months ago
Where did you place the stop on this trade?
Reply
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