FX:XAUUSD   Gold / U.S. Dollar
784 10 32
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?
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Kishore PRO Selhurst1
Ya il be holding for the target. But trailing stops are maintained. Cheers!
+1 Reply
Selhurst1 Kishore
Good to hear, ill be following :)
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Kishore PRO Selhurst1
sure. thanks for the support!
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I'm thinking triangle here as well.
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Kishore PRO 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.
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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!
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PF7 Kishore
Thanks
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