Gold has a long way to drop down.

Traders,

Gold has show bullish hedging power when news coming from Trump.And thanks for Trump, Gold hit left should again and forming a new descending channel for us to follow.

Btw, is that a harmonic pattern here?
Yes, but lets just focus on our ABC channel.
For weekly tgt, 1236 is our tp1
1200-1210 zone as tp2
1160-1180 zone as tp3.

Gold has a long way to drop down.

Less is more!

評論:

pending short order at 1256 and 1261.

評論:

評論:

the green candle for UJ is a good sign for gold' short trade.
Even though gold's channel is still moving slowly up.
But RSI DIV appear on 4H chart.

評論:

交易進行

評論:

PENDING ORDER 1257 ACTIVED.

評論:

$5 for this new first short trade now.

評論:

first short trade closed for $5.
second long trade now setup tp to 1280.

評論:

that was on the assumption that GOLD need to make a new low price lower than B

評論:

according to the chart, a green candle show up ,and bullish for gold on the 4H chart

評論:

評論:

評論:

hello guys, i know this is a little b like gambling.
but gold now on the right shoulder without making a new high
So far, seems like gold is turning down after hitting the 1263, same high as last top.

評論:

評論:

RETEST TREND LINE WITH A DOUBLE TOP WITH RIS DIV,
There are 3 reasons for gold to short down to last low as a support.

評論:

評論:

WAITING FOR SIGNAL AROUND HERE

交易進行:

Short trade entry at 1258, Aisa morning.

評論:

tp 1236.

評論:

評論:

評論:

hello guys, this assumption of gold to drop is fail.
More short trade signals should be up to 1275-1290,even 1303.
We will provide more details in a new chart.