Xauusd : Back to Back Breakout Setups !

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey Guys, We are having back to back trade setups which are breakout ones. Remember we grabbed the previous breakout in XAUUSD             all the way from 1225's and another channel forming now in gold             which is ready for breakout.

I'm biased towards downside breakout, but if Gold             raises up don't panic bcos till 1215's nothing to worry about bulls. Check with your trading plan and calculate the risk before entering the trade setup.

Happy Trading & Happy Friday... Green Weekend On...
Comment: Don't be in hurry, Patience is key guys. Enter only on valid breakout...
Comment: I didn't enter upside breakout, prefer to stay out
Comment: Typo in chart, its 1190's , not 1290
Nice one , recent swing high is 1216??
InsiderB raoadnan84
@raoadnan84, yes 1216's, do we get double to for re-entry ? watching closely...
@InsiderB, appreciate for your prompt response
+1 Reply
+1 Reply
InsiderB cuyunyan
@cuyunyan, My Mistake Buddy, thanks for pointing out , thats 1190's !
Thank you for the valuable chart
+1 Reply
InsiderB piptamil
@piptamil, Thanks for taking a moment to appreciate, All the Best !
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