OANDA:XAUUSD   Gold Spot / U.S. Dollar
We've broken down the hourly range this night.This is a chess to the american longs.
Who will hold a long position into the holiday? I think most of the funds and the big players will not.
So when volume comes in price will break below the 200 SMA . If many of the banks are thinking the same we shouldn't be surprised if the "Contract Dumper" who sold gold 2 weeks ago on Monday will dump again to push gold through the 200 SMA before USA opens.

Let's see if we break down violently the 200 SMA in the next 2-3 hours.

Target is : 1214$
Comment: As I'm watching the "likes" we are in the good direction. Most of TV is long in gold. Good.
Comment: Taking profit on the half of the position
Comment: RSI 6 at 1
Comment: On the hourly chart. I dont think have seen this ever
Trade closed manually: 1221,5$
Comment: It's way too oversold. We need a bounce and I get back in the short position.
Comment: The brave ones can try a scalp long.
Comment: With a very small position only
this is my idea on gold, lets see what the market does :) so far good
Here a chartwatchers chart from the 19th of may ...


all red markings are from him ... i have not seen it like that... and on the same day i draw on his chart a prognosis with yellow / black lines ... today / tomorrow could the predicted down move be accomplished - the best at 1217.50 .
i myself posted short on the last top... and today a bit too early ended... now i am long-oriented with the 2 TP which i have posted.

condition: no through at 1214
shinsky NeverNO
@NeverNO, Again, please stop spamming his comments section with your trades. That's why you publish on your own ideas
+2 Reply
Arpy, hello). Arpi is a great deal for you), great you have arrived! Arpi, are you still waiting for Gold at 1214? Goals have not changed?
+1 Reply
Arpi, do you have any updates regarding DUST and JDST?
+1 Reply
I'm not brave enough! Will hold some DUST until after the short bounce.
+1 Reply
Thank you so much,,,
+1 Reply
Do you mean long now?What is the tp?
+1 Reply
Took profit as well. I think we get a bounce to reload shorts
+1 Reply
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