Trendhopper
Long

GOLD ROADMAP - LONG at 1296

FX:XAUUSD   Gold/U.S. Dollar
4 months ago
Gold             broke the 1330 support on the 4th attempt, i believe it will now retest 1310 area also as the 4th attempt.... GOLD             IS BULLISH in 5th wave so a rare opportunity to buy ...perfect place to buy is 1296...as another support level and crucially the trendline support level in the 5th wave........
4 months ago
Trade active: Support at 1310 seems to have held.....small entry as not ruling out possibility of the move down to 1296
4 months ago
Comment:
snapshot


I've closed my position (very small profit)...chart shows we may have a bullish crab pattern.....so a better entry level at 1305......also chart not showing a conventional bottoming formation...so caution...if price goes up instead then I will buy on a pullback....
4 months ago
Trade active:
snapshot


Please excuse all the lines on chart...Crab has completed at point D...so I just longed at 1305...SL is under 1296 as there is support there......TP 1375....
4 months ago
Comment: I closed at 1310 ...made a few pips. from this pattern...reason is we hit the 1310 resistance...this was support so now price may need to goto 1296.....im not convinced we have seen a bottoming formation yet
4 months ago
Comment:
snapshot


GOLD IS LOVING THE CRAB TODAY...ANOTHER ONE...buy at point D...1300.....
4 months ago
Trade active: Im long at 1322..I was going to buy b4 the NFP but was too busy watching oil.....

TP 1375...I may add to this position later...busy day!!!
4 months ago
Comment: Added another long at 1316.00....
4 months ago
Trade closed manually: Long poisitions closed...with small profit and break even, due to price action......its a one hit wonder, you can see other patterns like this in the downtrend.....there will be better opportunities to long in the coming weeks, I think price won't take off now until we hit trendily.... but I will enter around 1296-1300 either way...
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 Billing Sign Out