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kosai19
Feb 18, 2016 6:25 AM

XAUUSD H4 Trendline Retest Long

Gold (Mini) FuturesCOMEX

Description

Gold is currently consolidating at the bullish trendline. Entered longs with stops just under the lows with a 2.0 R/R target. If the trendline breaks then look to sell with targets at the last swing low.

Trade active

Comment

Forgot to mention that I am using the E-mini since it tends to show price action a little more clearly than XAUUSD. The instruments are basically identically so trades can be taken on either.

Trade closed: target reached

Target reached (limit order exit)
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