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tntsunrise
Dec 11, 2019 5:34 AM

Gold coming to the end of the consolidation 

Gold/U.S. DollarFXCM

Description

Gold coming to the end of the consolidation
Hence we have two plans:

PLAN A Break Downtrend line
then we find pull back to buy

PLAN B : Break 1450 then we find pull back to sell

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I will update which Plan to choose
so just get ready

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PLAN A is coming

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now is pulling back
can enter long position based on 4h chart

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Rally from 1460 to 1475

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Earned 150 pips already

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Merry Xmas to every one!

A nice 300 pips profit from this trade

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+ 400 pips

Trade closed: target reached

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Happy new year to all of you!
Enjoy the profit, withdrawl some money and buy new year gift pls :)

Trade closed: target reached


Big profit! +1000 pips
Comments
JaDeVin
Why should someone take more risk to sell in an upward trend. Buy the dip or sell the peak.
sumbaltrader
Pull back 1463 sl 1450 tp 1520 done
Boon2
XAUUSD D1 Wave Z Up.
jacmic
@SoonicTM, I personally think that, in reality, having two plans is better than having only one as price may take both ways.
In this case we will be ready for either case.
What is your opinion?
Cheers
SoonicTM
@jacmic, I just cannot be bothered responding on TV, as my comments are usually removed. The truth of what is being sold by TV 'main educators' is simply too painful to accept. TV is happy to accept my money but not my comments. Well... no more money for TV.

All I'm going to say in this case is that, trading on breakout will most likely get you into loss. On both ways, up and down. Once you out, market will do what it wants. Hence my comment on the idea.
Aka_Trade
Is this trade still active. next is 1467?
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