theoris

Criteria to Buy Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Criteria.
A. wait to break out, retest and buy
B. manage Lot size to buy now and wait to buy on dip more
C. beware of the drop to monthly support zone and red dot trend line .
Comment: I think Gold try to form Triangle again. in 15 min TF
Trade active: Gold discount around monthly support zone.
I buy more
Comment: Gold update:
Gold may create new pattern in higher TF ( triangle in abcde.) after found new low today.
Comment: Patience pay !!! Gold swing high low hit support and Trend line many times .
For B. choose your entry point around 1960-1990 I will close in some profit and some loss. Let's another position run in profit more than 600+ pip ( depend on yr entry if you buy more as I told )

Comments

I am buying too .
+1 Reply
Glad to see you are posting here again . Keep going ...
Reply
theoris vivaldi2
@vivaldi2, Thanks ^_^
Reply
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