Sell Gold by watching EUR behavior Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 29, 2019 2:55 PM

Guys, this could be a fun trade:

EURUSD has already break two times of lower low
but gold just break the first one
there fore we can sell gold till the origin of the bullish move point.

Trade closed: stop reached

⋅ Jan 30, 2019 7:46 AM

Stopped at 1311 , break new high. exit trade

Beyond Technical Analysis

Comments

Yuriy_Bishko

⋅ Jan 29, 2019 4:29 PM

I think GOLD will continue UP move
The trend is up. Also, the price broke up range and fixed above.

More info about it here:

Commodity_Whisperer

⋅ Jan 29, 2019 7:43 PM

@YuriyBishko,

robbiepoon

⋅ Jan 30, 2019 6:51 AM

@YuriyBishko, agree, dont know why need to compare eurusd with gold??? not logical

asdfghjhhg

⋅ Jan 29, 2019 3:09 PM

Thank you BOSS!

AlMak

⋅ Jan 29, 2019 3:27 PM

@xMammad, 1313 up.

asdfghjhhg

⋅ Jan 29, 2019 3:29 PM

@AlMak, Watch price action for reversal signal and ready to catch a short for a structure.

ReallyMe

⋅ Jan 30, 2019 10:40 AM

Not a good idea, as far as I am concerned. How about simply "Hold on to Gold by watching XAU/USD behavior" ?

asdfghjhhg

⋅ Jan 29, 2019 3:34 PM

MoLiZhu

⋅ Jan 29, 2019 3:25 PM

but ..gold is God now myboss

mashru

⋅ Jan 29, 2019 3:24 PM

whats the stop level?