🔥Nice 1:7 Risk:Reward (Re-entry) on Gold!!!🔥

Long

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

trendanalysis chartpattern indicator gold forex trading money moneymakers

Last trade post couldnt have played out anymore beautifully than it did, currently floating 120+ pips. There is a possibility of a retracement during the Asia/London session to complete an inverse head and shoulders pattern. Again, clean setup with good risk:reward

Comment:

missed re-entry by 5 pips, unlucky

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