joelle007

XAUUSD at critical spot

joelle007 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
1286 is critical. If pass, it may go 1322, 1346, 1450. Otherwise there is still a risk to go down to 1170. Personally, I prefer the upside move, due to the weakness of USD.
Trade active:
bought at 1282
Comment:
It is now fighting hard to pass the previous high at 1295. I might manually close the trade somewhere and try to re-enter late. I am really not a long term trade.
Trade closed: target reached:
closed trade at 1294. There might be some retrace. I can re-enter later. I am not good at long term trades. Hate to see profitable trades become lost trades. Happy with the pips I got.
Trade active:
re-entered at 1292.57 looking for 1300 above.
Comment:
was hoping it could go down more, so I could get much cheaper. But I did not get the chance to buy lower. It might still retrace more from current price, so I have very tight SL.
Trade closed: stop reached:
stopped with small lose
Trade active:
bought at 1275.92 with tight SL
Trade closed: stop reached:
stopped yesterday with small lose.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.