Disliked{quote} was a nice trade I mentioned 1280 as the low and got 1287.50 From what I see on EW, it should now go up towards the 1360 levelIgnored
Looking at weekly its hard to imagine price going up in such structure right now, down easy, up i dont see it. Weekly candle close will tell for sure but if down is really confirmed it will tell before this week ends.
http://prntscr.com/47j6vq
http://prntscr.com/47j7uf
1360 would be ofcourse amazing to meet for shorting, but i think its just a dream
Just so that i dont looks a jackass, trade on picture was long scalp only which goes against view it didnt go as planned so i moved TP to BE, just hit it. Reason for this long is that usually once gold drops so strongly from Comex it forms tight range nice for scalping, usually 2-4 trades on both sides can be picked from it.
http://prntscr.com/47jaca
Could have picked one more short on upper channel but have chickened out.