Shizaru
Long

GOLD on fifth wave

FX_IDC:XAUUSD   GOLD / US DOLLAR
308 5 5
Fifth impulse wave starting on GOLD            
Comment:
snapshot
Trade closed: target reached
should we wait for break out of 200 MA and retest to confirm entry ?
Reply
Shizaru GoldHunter
yes, but be careful today because there are US president election
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GoldHunter Shizaru
yes asking just for educational purposes , where you would adjust your SL after confirmation ?
Reply
Shizaru GoldHunter
On gaps I usually put the SL some pips below if long (above if short) the gap, so probabily in this case I'll put the SL @1280.5 but this is my strategy and you need to analyze the chart by yourself to understand which level can be good for you, based on your trading strategy
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GoldHunter Shizaru
thank u
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