Gold: Preparing for a fall

9 нояб. 2016 г.

Last night, Trump was voted as the next US president, the gold price just like a rocket, but it comes back after few hours. Not only the gold, S&P and USDOLLAR are also bounced back to their previous position (even higher!). I insist that the US election will not have a great impact on the market, also FED will raise the interest rate on December, So Gold may have a fall.

I will start to place my short position here. If Gold bounces back to 1290, i will add more.

10 нояб. 2016 г.

Заметка

Like what i said last night, we are heading to 1240.

11 нояб. 2016 г.

Заметка

USDOLLAR may goes higher, and we may reach 1240 very soon (even lower!)

11 нояб. 2016 г.

Сделка закрыта: достигнута тейк-профит цена

Yes it is! Gold is now 1234. Target reach!
We have a support from 1215-1235. We might bounce back a little bit or staying here for a while, then we will have a new low.
I will close this idea, and start a new soon