bestfarbit74

XAUUSD... if moving above MA200

Long
bestfarbit74 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi everyone

this is strategy for long position on Gold:

price could mange to close above dynamic support line (orange)

and broke the second layer (pale yellow) too.

if the price could manage to break MA200 it is our confirmation

for long position. targets are on the chart.

closing below 1785 support level make this strategy invalidate.

"always trade based on your affording loss and proper money management"


Enjoy the market
Trade active:
first target reached finally after new year. trade still active and we expect to hit next target as well.

Happy new year
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