FX:XAUUSD   Gold Spot / U.S. Dollar
63 0 3
After the late surge of the previous week we felt very comfortable with the position but throughout last week price retraced so much that we moved our Stop to Break Even. On Friday we came within a spread of getting stopped out. Luckily for us price then bounced and we hope that next week price will resume to the upside which is supported by the Weekly chart picture which ended in an inside pin bar . Our targets are at the 38.2 and 50 Fib retracement levels of the recent downtrend.
I am bullish , we are likely to trail part of the position hoping for a larger uptrend.

TARGETS ARE 1100, 1120,1140
Trade active
Comment: Guys Our Stop Loss is ALWAYS CLOSING BASE (EOD).
Trade closed: stop reached: GOLD: after just missing out on getting stopped out at Break Even on Friday in our STTS Long, we were hoping for an upside resumption yesterday, as discussed in yesterday's , which sadly did not happen. Today's sell off indeed took us out of this trade at Break Even. We may see further downside today.
Technical Recommendation: Exited at Break Even. Re-assessing.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out