Buy 1842-1832 , TP - 1885 , SL - Below 1817

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

indicator trendanalysis chartpattern goldlong gold goldtrade xauusdlong goldbuy xauusdanalysis xauusdbuy xauusd

Gold has left a Long Wick implying some up movement to be had towards the Demand Zone around 1880-1890 on Daily Chart , I'll use 3% Risk for this and will update when i take the trade.

Trade active:

Sorry for the late update, buy limit activated at 1838 and 1840

Comment:

No Big Moves today because of Holiday in United States , We're still up 50-60 pips from the initial entry, let's see what tomorrow Holds

Comment:

Setup is valid again for entry !!

Comment:

Another layer added at 1833

Trade closed manually:

All positions closed at 1843 for now will re enter again

Trade active:

Bought 1% risk at 1835 , will update if i will add more

Comment:

Bought at 1827.8 again,

Comment:

Stop loss missed by 3 pips

Comment:

Trades added at 1819 , 1822 respectively , stop loss moved to 1807 because i can see dip buying at play here Subsequent movement till 1852 atleast

Comment:

Further layers added at 1810 target same stop loss moved to 1795 , I'm exposing the risk because bullish signals have started to develop

Comment:

Added position at 1807 earlier looking for further upside as of now

Comment:

Squared off all my positions at 1827.81 with one position at loss which i bought at 1835 , on other positions made nice profit ranging from 200 pips to 50 pips , 80 pips , 170 pips all over really nice profit, let's not get Greedy

Trade closed manually

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