theoris

Buy Gold and Buy limit in zone

Long
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart detail will make you clear
and in comment for more detail.
Comment:
for confirmation to upside Gold must higher than 1510+
Really If entry now is risk please limit your risk and van buy more if Gold can pass that level
If you can manage yr %Risk and accept loss It is Ok .
Comment:
If you don't want to risk so much , If gold drop lower than 1500.0 may exit first and wait.
If you can accept drawndown it is Ok , Because Trend of Gold still Bullsih
now in retracement peroid,It may finish or not
Only market know.
I only saw some breakout and entry with linit Risk.
Comment:
Morning Asia !
I just wake up.
Gold over 80 pips and can break over 1510 lasy high and make new high
sane.
Lock yr profit !!!
Comment:
Next problem.
Which target we should exit.
Trend is Bullish. Gold can go higher high and I think we got good entry when compare with other (other wait break 1510 but we got around 1502 zone)
I only move sl to be
if Gold drop in1510-1511 zone we buy more ( Just drop on this morning)
If you would like partial closing It is Ok and Let remaining run.
Target I thimk i short term will see 1523+
medium term 1560+
Let 's market flow.
Comment:
Hit 1523 - 190+ pips
I partial close 50% and let 's profit run.
Trade closed: stop reached:
it is bad for hit breakeven
but it is good news that we take partial profit before it drop.
I think after this i will buy again.
^ ^

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