KVE
Long

XAU/USD (Gold): Trying to get a long entry

FX:XAUUSD   Gold Spot / U.S. Dollar
371 1 11
Looking for a level to enter long, currently overbought on this TF and at the previous high resistance, possibly going down now, so I will keep an eye on the 1350-1360 level to enter long again...

For short-term trades SL below the daily pinbar looks like a good level (around 1330), for the longterm long trade SL below 1250 at least or below 1200 for safety depending on the position one is taking...

Trade active: Long
Comment: First entry 1355, adjust your SL according to your position size and risk tolerance.
I will keep it open until I have reached my preferred position size (not trading the setup on chart but it is valid for those who like the setup), I will add if it drops further.
Comment: Short-term the setup was no good.

New entry long at 1321, will add 1305-1270-1210 for a longerterm long.
Agree 1350 to go Long again
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