syth

GOLD REENTER (LONG)

Long
syth Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
SL WAS HIT FEW DAYS AGO. HOWEVER, HITTING SL DOES NOT MEAN I WILL CHANGE MY BIAS. A STRONG REASON HAS BEEN FOUND TO REENTER THIS LONG TRADE, PRICE IS SITTING ON A RESILIENT KEY LEVEL AND HAS BEEN REFUSING TO BREAK UNDER AND THE VOLUME HAS BEEN DECLINING, MEANING THAT BEAR IS STRONG, BUT NOT STRONG ENOUGH TO BREAK THE KEY LEVEL.


SL. 1280
TP. 1345


DISCLAIMER:
Whatsoever discussed ( called "it" hereinafter) is for self-improvement purpose only, it strictly is not a buy or sell call/ buy and sell call.
Trade active:
I have see it is a good spot to add position, do not enter with big lot size.
Trade closed: stop reached:
SL was hit.
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