pongbao

Trading guide for next 2 to 3 weeks

Short
pongbao Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
2
I concluded two major potential selling buying points for XAUUSD . The plan consists of selling at the 1333-1336 all the way down to 1277-1280 range for another round up.

Note: I use my published posts as a trading guide. Please trade responsibly.
Trade active
Comment:
I reset my SL to 1344 for a 1,050-pip stop which is equivalent to 7.87% downside, yielding a risk/reward ratio of 5.24.
Trade closed: stop reached
Trade active:
Reactivating the trade. Bearish divergence on daily.
Trade closed manually
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