The-Reaper

XAU/USD (GOLD) TRIANGLE BREAKOUT - READY FOR LONG ????

The-Reaper Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD (GOLD) TRIANGLE BREAKOUT - READY FOR LONG ????

What I see right now is Triangle BREAKOUT but I AM NOT GONNA ENTER ANY LONG POSITION for two reasons below:

1. Wyckoff Distribution (The end of Distribution).
2. CHANGE BIAS??? I would like to see XAU up over 1770 first.

REMINDER: Please calculate R:R carefully before entering a position. Only risk 1% for every trade. This way helps traders live in the MARKET for good.
THERE IS NO EXCUSE for any one risk over 10% or 20%, they will be slapped in the face by MARKET.
Comment:
This is the previous idea. SUCCESSFUL TRADE. TP over 140 pips

BEFORE :
ATER:
Trade active:
XAU heading to 175x or 176x ?? Be careful with Volume
Trade closed: target reached:
TOOK ALL PROFIT, CLOSED ALL POSITION
Wait for new signal

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