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Gold is going to break out neck line

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

OANDA:XAUUSD Gold Spot / U.S. Dollar

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Gold is going to break out neck line
Buy after the break-out
AIM 1950

DXY remains bearish and all major pair
and silver will rally

Trade active:

Break-out TRADE triggered @ 1876

Comment:

Daily inside bar break up

Comment:

Boom! Break 1900

Trade closed manually:

Comment:

Find 1h gartley

Comment:

break channel

Trade closed: target reached:

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Comments

Fellow Traders, I wish you all Good Luck in year 2021!! I will hold my position as long as Gold stays above $1890

You can't claim you closed manually when gold dropped 300 pips in 7 minutes, you have no credibility because there was no plan to scale out of the trade and no stop loss just a chart posted after the fact stating that you had taken profit when 1950 was the original target you set with no stop loss. My guess is you had a stop loss set at 200 pips and got stopped out 10 pips before the bottom. that really sucks but you get that...

Where is sl?

Geosy

@Geosy, I think It means "Stop Loss"

Thanks for sharing your analysis and keep doing the good job!!

Thanks for sharing

2 big resistance : over 1878 and over 1902, I can see :-), but we never know..

NicolasCoppens

@NicolasCoppens, I agree!! Overall Gold is bullish.. Bitcoin is sucking oxygen out of gold