GOLD Breakout Done,Direction Changed ?Long Setup To Get 500 Pips

Sep 2

Here Is My 15 Mins GOLD Chart , as we see we have a very clear breakout , huge 4H Candle Closure Above the res that forced the price to go down yesterday and finally we have a great closure above it , 4372.00 / 4377.00 it`s my fav area we can buy from it if the price go back to retest it after this great closure , so i`m waiting the price to go back to retest it and give us a good touch as the last one and then we can enter a buy trade and we can targeting our selling area and we should be using a decent stop loss , if we have a daily closure again below our area , then this idea will not be valid anymore .

Entry Reasons :

- Over Sold
- Breakout Done
- Bullish P.A
- Perfect Support

Sep 2

Trade active

The Price Touched Our Buying Area And Moved +170 Pips

Sep 2

Note

The Price Touched Our Buying Area And Moved + 270 Pips

Sep 3

Trade closed: target reached

The Price Touched Our Buying Area AND reached The Max Target + 800 Pips