musclemilk0075

XAU / USD 4 Hour Chart

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders. Happy Friday. I am currently in a scalp buy from $2379.23. Watching the 2382.00 area, which we need to stay above for me to be confident in this trade continuing up. Saying that, I have secured profit at 40 pips or so, and as of this writing, I am only 35 pips or so in profit. My Stop Loss is now at my entry point after securing 50% of the trade's profit. A runner is running. I am looking for a push up, so even if we drop down again to the 2376 area, I would probably re enter if conditions are met. Let's see how things play out. Very thankful to Big G, who gets all my thanks. Be well and trade the trend.. I will update or repost in a bit.
Trade active:
Looks pretty good so far.

Comment:
2387.80 is the sticking point that gold need to break and close above. And 2384.25 is what we need to stay above. 80 pips in profit as of this writing. Pre NY volume starts in 19 minutes ( 7:20am est ) here in the U.S.
Comment:
100 Pips in profit as of this writing. I'm holding on to that runner. Amazing day. Trade carefully, happy Friday.
Trade active:
220 pips, as of this writing. What an amazing day.
Trade active:
270 Pips in profit with my runner running as of this writing. Happy Friday, all my thanks goes to Big G.
Trade active:
350 Pips in profit. I've had my runner running for hours. I'm going to let it ride. Amazing day, week, month, year. Big G gets all my thanks. Happy Friday to everybody.
Comment:
Finally made it back home to post a chart with my profit for the day. Big G gets all my thanks.. Happy Friday. Moving my SL just a bit below 2400. Done for the day KABOOM
Comment:
My error, I am moving my Stop Loss to 2411.. I don't want to lose more than a few pips. Very thankful 369 pips as of this writing. KABOOM

Pip Whisperer
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.