XAU/USD Structure Based Trade Setups on Break & Close
For Short term looking for longs on breakout and close above 1773. Once price reaches 1784 look for short setups.
Buy Setup
Long above 1773
Target @ 1782
Stops @ 1767.5
Risk to Reward (1:2.3)
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Sell Setup
Sell @ 1784
Target @ 1763
Stop @ 1791
Risk to Reward (1:3.2)
Buy Setup
Long above 1773
Target @ 1782
Stops @ 1767.5
Risk to Reward (1:2.3)
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Sell Setup
Sell @ 1784
Target @ 1763
Stop @ 1791
Risk to Reward (1:3.2)
Trade active
Trade closed: target reached
Trade closed: stop reached:
trade # 2 stopped out