TradingView
faylee
Apr 24, 2016 2:59 PM

XAUUSD-1H, Now i'm preparing to long Gold Long

Gold/U.S. DollarFXCM

Description

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.

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

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.
Comments
faylee
ZZ_77
This one is fantastic prediction
faylee
with some good luck
MahmoudAbdulsalam1985
GO GO GO ... AM WITH U MAAAAN IN SILVER :)))
faylee
Thank you:) enjoy profits and don't forget to pocket the profit.
AdrianM
do you think it will break 1280 or come down after?
AdrianM
what's your exit target here? 1270?
faylee
Thank you for your enquiry, tg is 1242, 1265, 1280
faylee
Now, 1st tg reached
More