a1Keith

Short Gold

Short
a1Keith Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Short at top of Wedge. Many shorts covered yesterday.
NFP news out in 50 hours. 830am NY Friday
Take profit at bottom of wedge or tighten stop.
Consider closing trade before NFP.
Comment:
Andrews Fork drawn on 15 minute chart over the large 4h fork.
Both delineate price well.
Note large green bar from October 3 appears on multiple broker feeds for spot but it is absent for futures (GCZ8 ) if anyone can explain , please comment

Comment:
Comment:
Comment:
Fifteen minute chart still working very well for last two weeks.
Small bounce now as expected prior to London opening

Comment:
Today price is following Andrews Pitchfork lower.
Point A is October 4 high
Comment:
Comment:
Alternative slope is dominant today

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