Technician
Long

Gold: Simple Long Setup

FX:XAUUSD   Gold/U.S. Dollar
1601 23 13
Update: Target Hit
Profit(pips)= +190
Update: Trade is active.

Based on the short term bullish trend , i am looking to long gold             slightly lower, as price maintains the short term key support at 1305             .00, where the latest dip was re-bought quickly, resulting in a pin bar candle. This is a simple long setup, with a not bad risk reward.

Bets of luck , Join me at https://twitter.com/thefxchannel
If you dont want to miss any trade and see all the trades live, fully transparent. No bullshit like some others. Join my FREE channel here https://telegram.me/technician_forex_trades
Iamnotapredictor
2 years ago
Oh , I just sell >-< @1320
Reply
Technician TOP Iamnotapredictor
2 years ago
I think 1330.00 is a major resistance level, so it might work.
Reply
VladimirGas
2 years ago
oh snap.. the interesting thing i noticed is that our views on gold are almost always similar, however this time I shorted from 1320... makes me doubt my judgement...
Reply
Technician TOP VladimirGas
2 years ago
No plz, do not doubt, sometimes both trades in different directions work, because it might have different time horizons. in addition to that, i might be wrong in my trade, so sticking to your plan is important. Just wish me luck and i wish you luck ;)
+1 Reply
Baronial Technician
2 years ago
Indeed, and I wish you best of luck... :)
Reply
VladimirGas Technician
2 years ago
You were right about the trading horizons :) I had the exit signal for my short trade today ended up about 5.5dollars in profit. at the same time you are in profit as well now :) (Im long too now but at worse price than you :) )
Reply
Technician TOP VladimirGas
2 years ago
Oh great to hear that.
**Don't chase the market, wait for the market to come to you**
** Trade under your own conditions not the markets conditions**
Good luck man
+3 Reply
Trade has been activated, wish me luck
+2 Reply
Wizard Technician
2 years ago
What was your trigger signal?
Reply
Technician TOP Wizard
2 years ago
When i publish a trade setup with entry points , then am already convinced to initiate the position, in this case the latest pin bar near the support was my main trigger
Reply
Wizard Technician
2 years ago
Do you take all the trades that you publish with entry points?
Reply
Technician TOP Wizard
2 years ago
Yeah I take most of the trades i publish with entry points. The other ideas without entry points are general framework and tradable ideas. I could use them as well to initiate a position.
+3 Reply
alexeyhoroshunvk Technician
2 years ago
Good Luck to you, and for me too because I am stay in long))))
Reply
Technician TOP alexeyhoroshunvk
2 years ago
:-) Lets see buddy.
+2 Reply
alexeyhoroshunvk Technician
2 years ago
Perfect!) Congratulation!
Reply
Technician TOP alexeyhoroshunvk
2 years ago
Thank mate, Congrats to you too :) . I am half happy though, because the selloff yesterday scared me and i closed more than half of my initial position. But anyway i ended with some profits, should be grateful.
Reply
alexeyhoroshunvk Technician
2 years ago
Oh...( I don't close any position from fraiday, so get full profit.
Reply
najibmulik
2 years ago
Good job sir!
+2 Reply
VladimirGas
2 years ago
i was thinking about selling half of my position at 1322.8 but didnt. such a mistake. does someone have any idea what was the reason for the selloff?
Reply
Update: Target Hit
+2 Reply
leopar1972
2 years ago
Thanks, very good.
Reply
Technician TOP leopar1972
2 years ago
Ur welcome
+1 Reply
AnnOrtiz Technician
2 years ago
Beautifully simple. Where can I trade gold if I am a US resident? I know it is a very basic question. Thanks!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out