Hi everyone! Here is my idea about the gold based on my trading system. The price bounced from MA50 which is the support level , other indicators confirm the reversal, MACD and RSI . Stop Loss is placed below the LOW (1205.00) and the Target is Up Bollinger Band (1275.00). Enter level - 1223.00!
We are in profit now, but the price has not reached the Target Level yet. Any way we could close a part of the trade and place the Stop Loss above our Entry.
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