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DLavrov

Gold: Buy Opportunity

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
DLavrov Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Support and Resistance XAUUSD Gold Commodities
87
7
trendanalysis indicator supportandresistance xauusd gold commodities
The price bounced from 1450.00 support level. The breakout above the downtrend line can provide us a trend reversal signal. We have a new buy opportunity.

Entry Price: above 1457.50
Stop Loss: below 1447.50
Take Profit: 1479.50

Risk per trade should not be more than 1% of your capital.
Comment:
The pending orders for buy were not activated. The trading idea stays workable.
Comment:
It is possible to fix the part of profit and move stop orders into breakeven.
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