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ProfitDesk
Sep 23, 2020 2:55 PM

GOLD Long

GOLD / U.S. DOLLARICE

Description

Gold is falling as predicted and is reaching strong support level from which we expect it to start retracing.
If it breakes strongly this level we will explore sell option.
This sell order is with small stop loss and great RR ration if it happens.
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Trade active

Trade closed: stop reached

Stop closed this trade after booking 70 pips profits
Comments
jameswilldig
When do you think gold will climb back?
ProfitDesk
@jameswilldig, we have to wait for day candle to finnish and well know more than. As i looks now it could go down to 1815 aria. We will analize tomorrow and look for new signal
jameswilldig
@ProfitDesk, thanks for getting back to me, I'm still in a buy from 1945. Big big drop. Just looking for what's best next
ProfitDesk
@jameswilldig, no problem, ill get back to you tomorrow with my view
DP2206
@ProfitDesk please let me know too. Thanks
Ali2301
you mean buy order :)
ProfitDesk
@Ali2301, hahaha, so you actually reade this thoroughly:) thanks for correction, buy order i meant :)
Ali2301
I just got in with a buy order too. what is the TP and SL you recommend ?
ProfitDesk
@Ali2301 This SL and TP o will put for my trade. what i do usually is when i reach 1:1 RR I close half of my trade and move SL to entry level and than i leave it...sometimes i close it earlier if the price movement doesn't look good.
if it breaches SL than ill be looking possible Sell after retracing to SL level
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