Sphinx_Trading

Gold update after hit tp4

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
- We sniped gold after retracement from the highest high 1879.600, and already price hit our first 4 targets easy, 0 drawdown trade.
- This trade was just 20 pips SL with risk reward 1:20. Crazy!
- Now price at a major supply area and it may struggle a bit to broke it.
- Also we have a little divergence, it appears on 30min timeframe.
- We have to wait until we see a 4H close above 1879.600, after that gold will fly.
Comment:
- tp5 achieved.
- 4H closure above last high.

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