Gold price hit the bottom of the bullish channel, and i'm preparing to long.
Trade active:
1st tg:1242 reached,
Then go to the 2nd tg:1250
my entry is 1230, Last Fri. I've closed my short position at 1229. at the time i found that there should be no more for short. because it fall down so suddently and without any retracement, the rhythm was unnormal, besides, it just hit the floor of bullish channel. before break down 1227, i cannot count on more profit for the short.
Then go to the 2nd tg:1250
my entry is 1230, Last Fri. I've closed my short position at 1229. at the time i found that there should be no more for short. because it fall down so suddently and without any retracement, the rhythm was unnormal, besides, it just hit the floor of bullish channel. before break down 1227, i cannot count on more profit for the short.
Trade active:
2nd tg:1265 reached, after 2 days' waiting.
I've already pocket some profits, and still look forward to the 3rd tg.1280
I've already pocket some profits, and still look forward to the 3rd tg.1280
Trade closed: target reached:
The highest price is 1277, has hit the channel top. So, this plan was completed.
Just pocket the profit and wait for next chance.
Just pocket the profit and wait for next chance.