FX:XAUUSD   Gold / U.S. Dollar
105 8 8
Long at Demand zone ,
Stop loss below previous demand zone ,

Risk Reward = 1:3
You need wider stops for gold. I'd suggest using the 4h or daily chart instead.
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No_more_Post IvanLabrie
Thank you for your information,
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IvanLabrie PRO No_more_Post
A good idea is using a 3 bar low. That works on most timeframes.

I'm long gold with a stop under the low on the daily now.

snapshot
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I already closed - 30 Pips , and open Short sell.
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No_more_Post No_more_Post
Because now my GBPUSD got some profit, so I want to trade Gold the same way.

Thanks for every comment.

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right the same plan, 100% agree
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Andrey.Ustinov PRO Andrey.Ustinov
1198-1202, then downtrend continuation possible
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good eye, its gonna go way above ur target, i would suggest trailing stop instead of closing at target.
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