Chart detail will make you clear and in comment for more detail.
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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 .
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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.
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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 !!!
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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.
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Hit 1523 - 190+ pips I partial close 50% and let 's profit run.
Trade closed: stop reached
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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. ^ ^
Thanks for your great ideas. RSI is high right now and I believe price will go down a little, right? Is 1570 a strong resistance?
theoris
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@FatemeAshrafi, Hi
i think next target around 1538-1539 is can touch
and next 1542 zone
after that must drop a little and see newyork session can drive gold up or not
only way that we can partial close and trailng stop.