OwenMohd

Hourly: Short entries

Short
OwenMohd Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I'm guessing the ABC levels here honestly because I'm scalping longs. My gut tells me we're still in A of ABC on hourly basis. As long as an ABC forms here, shorts are better.

In this instance I'm satisfied that 1357 made the high (1357-1204=$153) as well as other calculations from daily and weekly. I've flipped shorts to longs 5 times in nearly 2 months due to pattern changes on H4 to daily to weekly. Frankly even if Gold hits 1370 I'll short that.
Order cancelled:
Patterns changed. Im back to long

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.