TraderSQUAD
Long

Gold Bullish Bounce

FX_IDC:XAUUSD   GOLD / US DOLLAR
10 months ago
Gold             has seen consolidation between $1200 and $1285. $1212 is the 76% retracement of the range.

Looking to buy $1230 for $1260 (4.9:1 reward:risk)
Interestingly, RSI and Stochastic RSI indicators are oversold in 3 timeframes (H1, H2 and H4)

In reversal, 3x sell for break even and profits into $1213.
9 months ago
Comment: Half position closed at $1245. Expecting 5th Wave to complete

snapshot
9 months ago
Comment: Trailing stop set at $1240
9 months ago
Trade closed: stop reached: Trade closed at $1240

Market subsequently higher at $1255
Badly set trailing stop, lesson learnt

1/2 trade closed @ +$15
1/2 trade closed @ +$10
https://telegram.me/TradersquadSquawkbox for live market updates
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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