Technician
Short

Gold: Trend resumption short!

FX:XAUUSD   Gold / U.S. Dollar
2158 20 22
Update: first target hit moved stop loss to breakeven...
Update: Full target reached.
Profit(pips)= 180+360= 560.
------------------------------------------------------------------------------------------------------

I am short gold             from late last night. It may have failed at the 50-days SMA as price formed a minor shooting star and also price failed to hold above 1240.00 level.

Trade Safe, and Best of Luck , join me at https://twitter.com/thefxchannel
Also at my Facebook             page http://www.thefxchannel.com
My best regards,
Technician

==================================================================
Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
5. Note that If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losing is a main part of the game
My trading ideas channel https://telegram.me/technician_forex_trades
https://thefxchannel.com
Skype: Technician - The forex channel
Great trade!
Reply
Technician TOP vlad.adrian
Thanks Mate
Reply
Nailed it!
Reply
Technician TOP NinjaTraderr
:) ... Was a great one
+1 Reply
Update: Full target reached.
Profit(pips)= 180+360= 560
+1 Reply
hello technician I closed position at 1208 thank you very much
Reply
Technician TOP manijeh.kazemi.33
Great
+1 Reply
Update: first target hit moved stop loss to breakeven...
+1 Reply
was short all the way from 1250. closed on friday.
the weekly pin bar, the resistance and the main trend say short... the gut feeling however says its not going to be that easy.
anyway good luck! hope it goes as you planned
Reply
Technician TOP VladimirGas
Great call mate
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out