MixMatchTrader
Short

After waited so long finally found some opportunity in XAUUSD

FX:XAUUSD   Gold Spot / U.S. Dollar
162 2 83
Hi Traders.

Maybe this is a good opportunity to Sell The gold             during the breakout. i waited this chart to breakout for about 2 weeks and it keeps pushing to the upside.
My stoploss will be at the highes previous prices.

So please trade carefully and use your own exit and entry strategy.
and please put like if you think my analysis is somehow useful for you

Good Luck and Trade Wisely
i agree with you,i'm in short too,but where's the target for this ?
Reply
Hi Boumrah, it really depend on what strategy are you using for the target. For myself, when the price made an impulse to the downside i will adjust my stop loss until the price is reverse and hit my stop loss.
This is the most convenience strategy for me. other people just put the target at 0.618 fib level or 1.27 fib level.

So please choose the most convenience exit strategy for you
Reply
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