FX:XAUUSD   Gold Spot / U.S. Dollar
785 10 33
Market Analysis: The pair has reached the triangle support level . Also there is a major support zone near the 1309-1315. So once the market reaches the support and if the support hold we can enter into a long position. So lets wait and see what the market does. Cheers!
Trade closed: target reached
Going great so far!, will you be holding to trendline?
Reply
Kishore Selhurst1
Ya il be holding for the target. But trailing stops are maintained. Cheers!
+1 Reply
Selhurst1 Kishore
Good to hear, ill be following :)
Reply
Kishore Selhurst1
sure. thanks for the support!
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I'm thinking triangle here as well.
Reply
Kishore ThirdWaveUp
Great!
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what i observed from u is you are following 4hrs tft. and it works very well in this time frame. Moreover if triangle pattern comes in 1hour tft in intraday breakout strategy works very well.
Reply
Kishore
What would be a good entry point? $1323 or $1326?
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Entry for long can be taken near the triangle support. Inorder to have a tight stop loss. 1319$ was a good entry spot. But still can enter now. Cheers!
Reply
PF7 Kishore
Thanks
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