XAUUSD : Quick Down Spike expected to 1144 and 1136.6

14 Ara 2016

XAUUSD Looks like expanding flat ABC in making. any extreme retrace also make valid pattern to trade downspike. by previous impulse and fib line, I suspect quick spike to 1144 atleast and then Up. Any thing below is dip buying.

I do not call for short at this levels. just watch and do the dip buying. larger trade is upside.

14 Ara 2016

Not

This could be another alternative during FOMC spikes

14 Ara 2016

Not

first 15min close very much close to our target 1144.

14 Ara 2016

Not

1144 Done

14 Ara 2016

Not

I think this is good snapshot to take. We did 1140.

14 Ara 2016

İşlem kapandı: hedefe ulaştı

lets not get greedy. we got 1139 very near to 1136

14 Ara 2016

Not

Clean 25$ I suppose.
I still believe that it will consolidate sideways and might continue down.
Shorts are dangerous at this points.
short squeeze anytime !!

15 Ara 2016

Not

Serious bleeding Underway . I think tag/break of 1045 on longer term is possible.
For first I am expecting bear flag consolidation towards 1160 and then downward continuation.
That would be a new chart.
Good luck.