VampireH

Long in the XAUUSD

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Started to place long positions last week and predict to have a bullish trend in XAUUSD . I also have some long orders placed a couple of weeks ago and have saved them for 1375ish level. Trading conflicts between two giant countries in the world and the inflation rate increase (causing interest rate increase in US) will give us a slow bullish trend in 2018 and 2019 with many opportunities of long and short in XAUUSD,

Current open market orders are at the following positions:
1) 1311.45 long 0.10 lot
2) 1307.98 long 0.05 lot
3) 1309.46 long 0.05 lot
4) 1340.15 long 0.05 lot
5) 1338.90 long 0.05 lot
6) 1335.67 long 0.05 lot
7) 1330.98 long 0.05 lot
8) 1328.50 long 0.05 lot
9) 1325.54 long 0.05 lot
10) 1323.55 long 0.05 lot
11) 1320.70 long 0.05 lot
12) 1326.37 long 0.05 lot
13) 1323.47 long 0.05 lot
14) 1330.57 long 0.05 lot

The first exiting price is around 1344, the second is around 1355, the third is around 1364, and I will close 95% of positions before 1375. Unless the trading war is confirmed in May or June, I do not think price will break 1375 but who knows.

Current open limit orders are at the following positions:

1) 1324.50 long 0.05 lot
2) 1321.50 long 0.05 lot
3) 1327.50 long 0.05 lot

I will update as I move forward and finish this post until all long positions are closed (then start to short).

Wish you all have a very good luck in your trading.
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