NeptenFX

XAU/USD 11.09.2023 long or short

NeptenFX Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD

Hello traders,

Today, I'm focusing on two potential trade scenarios. First, a bearish trade would be considered if we can remain below the resistance line. In this case, the stop-loss would be positioned somewhere above 1930.

Alternatively, if we can't sustain below the resistance line, I would be looking for bullish opportunities. In such a scenario, I'd search for retest trades in the area around 1928, with the take-profit target set up to the white market areas.

Please keep a close eye on the market and execute these trades based on the current conditions and price action.
Trade active:
I entered the trade at 1928.33.
sl 1930.50
tp 1917
We need to see that dollar stays above 104.600
Comment:
misscklicked I have the sl at 1931.50
Comment:
First 20pips now we need to stay under the trendline
Comment:
The trade is running realy good now I expect that we will reach the target with in the New York session
Comment:
sl at break even. Now I let it run and I'm away from the screen!
Trade closed manually:
End of the day I'm out 60 pips profit

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