Shorting Gold for target 1225 As Elliot drives us from 1249
Updated
Hey guys Congratulations to see gold crossed 1244 level .and Long term I am bullish too but why should we miss the corrective wave in this long term.
Here is the trade shorted for target 1225 .
please see related Links below where I Mentioned some gold bullish view too. Thank you trade safe and Good Night
Regards ,
Dipak Z
Here is the trade shorted for target 1225 .
please see related Links below where I Mentioned some gold bullish view too. Thank you trade safe and Good Night
Regards ,
Dipak Z
Trade active
avg short price 1255 now the price is near 1260 which is at 200 ma in daily time frame and gold has to decline from this .not because of technical only but also fundamentals supporting itTrade active
get ready to fall with stops targeting 1225 guys be with me.current high 1260 and right now gold is at 1254 and fallingTrade active
Started decline in goldTrade active
Now hoping 1230/35 for goldTrade active
rested at 1240 but 1220 is sure target for goldTrade active
tested 1237 hoping some more downTrade closed manually
Closed at 1238 avg buy was 1254 trade closed gaining 160 pips in gold and cheers.Note
gold may fall 127/30 but I think have less confidence on it due to market enviroment. next position shortlyTrade active
though I closed till updating for my own mistakes, and gold finally reached to 1230 till according to chart it would so be at 1220/1225 as initially stated.Trade active
Shorted again at 1232 for target 1223 and 1218Trade active
1222.11 is support of 200 ma may break and rest 1t 1216Trade closed manually
Closed again at 1225Note
Price hit of target 1223.38 and low at the time of commenting is 1223.30.lets see its backing up or not
Trade closed: target reached
So this is how the story of glorious gold ends with target 1223 next story started with the long at 1225 now may this story support us and will take us at 1293 isn't it great.Note
Next trade on Monday opening with stop loss 1236 and target 1218. guys are you readyTrade active
Sold gold again at 1234.50 for target 1218Trade closed manually
The gold closed again with 1000 ticks i.e 100 pips shorted since 1234.50 and next looking for breakout here to go longTrade active
Shorted Gold again at 1221 for target 1206 guys cheers and trade safeTrade closed manually
Closed at 1209 successfully next gold shortlyTrade active
Again opened the trade for long at 1207.50 for target 1222 and the story of gold continued here again so entered the trade again.Note
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