Schliemann

XAUUSD (GOLD 4H) - Bounce area, buy the pullback

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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2
Hi everyone,

What a nice run for Gold . Now, I think it could be rejected at 1300, which is a significant level. This first (or last) rejection could find support at 1290, then try to break the resistance above.
With a small portion, I will be shorting from 1300 to 1290, but this is not the main trade.


Buy entry: 1290.500 (can opt for any within 1290.XXX)

TP: 1309.479

SL: 1284.300

*Not financial advise. Just sharing my ideas :)

Feel free to give your feedback/opinion. Thanks for reading!
Trade closed manually: Trade not even triggered, obviously. The price destroyed any kind of resistance, therefore have to re evaluate.

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