As a trend-following trader, I am not a "target price" guy.
But let's try this time anyway.
XAUUSD might reach $2350 this time, based on the pattern shown on the chart.
But let's try this time anyway.
XAUUSD might reach $2350 this time, based on the pattern shown on the chart.
Trade closed: target reached:
As the target price was reached, I close half of my position and keep another half, moving up the trailing stop.
Now I am to find another price target for gold. See the related ideas section for details.
Now I am to find another price target for gold. See the related ideas section for details.
Trade closed manually:
As described in the related idea on April 22, I closed the rest of my position.