2701 4/8 XAUUSD our long trade has not finished yet
We have two long trades on GOLD since last week .
Both trades opened quite close , one on 1282, the other1283.
Both trades has half lots size hit and SL move to entry position, risking 0 for the left size.
Back to this weekly chart of XAUUSD, you will find out the only clue that GOLD will pull down is that it has reached fibo 1.618 position of 1st wave.
This is only a clue because GOLD still does not show any clear bear signal to us that will happen, perhap in the middle days of next week will check it again.
On our signals cases, we dont need to worry too much about it .
On traders who haven open a position yet, you need to wait for correction on 4h or 1h chart to long it .
Gold would probably reach 1367 soon in the very first seaon on 2019.
LESS IS MORE!
Both trades opened quite close , one on 1282, the other1283.
Both trades has half lots size hit and SL move to entry position, risking 0 for the left size.
Back to this weekly chart of XAUUSD, you will find out the only clue that GOLD will pull down is that it has reached fibo 1.618 position of 1st wave.
This is only a clue because GOLD still does not show any clear bear signal to us that will happen, perhap in the middle days of next week will check it again.
On our signals cases, we dont need to worry too much about it .
On traders who haven open a position yet, you need to wait for correction on 4h or 1h chart to long it .
Gold would probably reach 1367 soon in the very first seaon on 2019.
LESS IS MORE!
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