Theperfectionist

Trade of the Day - August 29th - Gold

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
- Reasons of Placing the Trade:
Series of Sell-offs and Exhaustion.
Oversold Area.
Low Volume.

- Setup:
Stop Loss: 700 pips or 7.000$ per unit.
Take Profit: 2100 pips or 21.000$ per unit.
Reward: 3:1
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