HAL9000
Long

Golden rebound?

FX_IDC:XAUUSD   GOLD / US DOLLAR
91 0 4
TECHNICAL SETUP
Gold             is stabilizing after last week's break.
Currently sitting on MA200.
Formed a hammer with follow-through.

TRADING STRATEGY
Buy here.
Target = MA100.
Stop-loss at the low of the hammer .
Reward to Risk >2.

RISK MANAGEMENT
Please do not put more than 1% of capital at risk on any single trade.
Trade active: This trade is still on.
Long GLD at 120.30.
Stop = 117.50.
Target = 125.00.
R/R = 2x.
Trade active: Best configuration for this trade is currently taking place:
- Gold steady as equities go up
- Gold up gently as equities consolidate
- Gold building a consolidation base
- This trade is still on
Trade active: Trade nearing target at 125.00 on the GLD.
Trade active: Look for a close above 1306 for a resumption of the earlier up-trend.
Trade closed: target reached
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out