Yuriy_Bishko

GOLD, Sell near mirror level $1484

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price made false break out of mirror level $1484

I opened sell at $1483.50
S/L: $1488.65
T/P: I will do an update soon.

Please, use proper risk management. never risk more than 2% of my capital per position because the market can change.
Oct 01
Comment: Friends I sent a signal because I promise to do it.
Reasons why I open entry:

1. Mirror level $1484
2. Price made a false break out of that level
3. GOLD rose up 270 pips but ATR is 222
that means gold rose up 121.62% of the average daily move.

There are only 15% probability price will rise more than 1 ATR per day

I read many many comments in chat about buy gold. How can u do it if the price rose up more than 1 ATR?????
Did u study charts?
Only in 10 - 15% days price rise/drop more than 1 ATR.
Oct 01
Comment: I HOLD Sell on GOLD at $1483.50
It's 10:16 p.m. in Ukraine. I am going to sleep. We will see each other soon)

Take care on GOLD when I will rest))
Oct 01
Comment: 1st T/P: $1468
2nd T/P: $1460
Oct 02
Comment: GOLD close HAlf of position
Huge chance on a pullback
Oct 02
Comment: GOLD broke up key level. 2nd scenario is working.

Huge possibility price will continue up rise. GOLD already rose 1 ATR. I will wait for accurate buy signal after a pullback
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More down waiting for Gold
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ouch, better luck next time
considering the worldwide troubles at the moment it's not the time to short gold
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I used wrong indicator, mcdx smart money indicator much better, shows when big players banks take action, if more than 10 red on 15min time frame go long, otherwise short. If you use this indicator it will explain why price went up. Big players are big players....
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Now
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How sellers taking over gold.
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Gold is going up, broke 1490 resistance already.
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Bad news. STOP LOSS reached
+1 Reply
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