theoris

Gold after it break trend line , Which price we should entry

Long
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Now Gold will drop in zone 1287-1292
after Pinbar on yesterday.
for scalping I sell for 50-70 pips

For medium term

Buy limit
1288.82
1290.5 ( if don't want to miss this trend)

Set Buy Stop 1300
( if gold can't drop to that zone)

Short term target 1312
Long term target 1377 - 1477

*****
Last trade Gold sell idea is Fail because of Trade war news and it make chart change and back to Bull.
Comment:
Chart has changed a liitle
Change Buy limiy to 1289.7
Buy stop same value
Trade active:
Buy limit active in first zone
Comment:
Second entry Buy limit active 1287.17
Comment:
Keep hold until it Close below 1284.4
can Buy more 1285.55
Comment:
Go;d drop more than think
I think gold may drop more in 50 pips around 1280
and can buy back around that
so after we can hedge sell to cover risk when gold drop
Comment:
Close all sell hedge in profit
and Buy more 1284.14
Trade closed manually:
Gold drop so much
I think I will hedge sell to 1254
it this post will end with sadness :(

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