GOLD move into strong resistance zone Short

Gold/U.S. DollarFXCM

Description

⋅ Jan 5, 2018 4:07 AM

GOLD move into strong resistance zone
1322-1333

watch closely in lower time frame ( 4H chart or 1H chart)
to find any reversal signal such as
DOUBLE TOP / Pin BAR/ Bearish Engulfing /
Inside Bar Break down

Today USA NFP going to be leased and
I will update here for furthur notice

Trade active

⋅ Jan 10, 2018 4:24 PM

Comment

⋅ Jan 10, 2018 4:24 PM

1 H chart pin bar + inside bar break down

shorted at 1321 the inside bars bottom

Comment

⋅ Jan 18, 2018 3:34 PM

Supply and Demand Multiple Time Frame Analysis

Comments

gsfx111

⋅ Jan 5, 2018 4:42 AM

how is that resistance?

yin888

⋅ Jan 7, 2018 4:28 PM

@GurekmannGill, I'm curious too lol

gsfx111

⋅ Jan 7, 2018 4:45 PM

@chongyinliang, yea, moreover, he says its strong lol. I waiting for gold to form a correction and then go down. Agreed that gold is bearish long term.

yin888

⋅ Jan 8, 2018 4:11 PM

@GurekmannGill, Gold will probably head lower before any impulse move (up or down). Price can't just close with 8 green daily bars consecutively. Expecting a correction to the downside soon.

gsfx111

⋅ Jan 8, 2018 4:14 PM

@chongyinliang, Correction on what time frame?

thesilverbullet

⋅ Jan 19, 2018 12:42 AM

Short to like 1316? Cause that's all I'm seeing. That daily candle is not bearish reversal.

Nee_sh

⋅ Jan 18, 2018 6:25 PM

Thanks for the idea Jack! So what's the target price?

moreno64

⋅ Jan 14, 2018 5:48 PM

questo e' stop-loss?

DONOTFORGOTME

⋅ Jan 15, 2018 1:10 AM

@moreno64, no just stay short for now, don't get trapped with bull

moreno64

⋅ Jan 15, 2018 2:04 AM

@DONOTFORGOTME, non capisco, e' long o short?