On opening I made my first test buy from 1226. It is my first buy on the road to 1383. Once Gold pass 1233 I add to my orders. I am ready to hold this for long time since it can take much for gold to reach initial target 1383. Good Luck.
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If gold fall to 1223, I add more to my buys! I have done the math and will add on each levels I feel it's comfortable, at the end this will be one big monster order going up to 1383. postimg.org/image/9xvsd0sxv/
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Kill zone for this would be 1219, where I would start to hedge my positions, but 1193 should be off the table, and gold should start to move up. So these are my first " bottom " buys.
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One more buy pending added at 1234. Please do your due diligence and do not over leverage yourself. postimg.org/image/xcmto5fs3/
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Scary ones may take profit here and long above 34 again, as 33 can send it down now to retest lower levels.
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Not a strong bounce from 1233ish, we have a chance to break it today and free the way up to 1238, and more later on.
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Once gold reach 1238 move SL to BE, Set TP 1383 and spend time with yourself. And if you want to donate some money to your broker then short gold at 1250 when it is there... tey will appreciate your kindness.
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I already know that someone will send me PM just in a sec with screaming and trolling comments.. before you do that bang your head against the wall and read this update I made " Scary ones may take profit here and long above 34 again, as 33 can send it down now to retest lower levels. " I just save time for you, so you don't have to spend it on writing me! ( Talking with trolls here ) I have a lot of them!
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Hello. Seems that someone died in forex gold is flat as pancake! Current trade situation: postimg.org/image/ql0qejecj/
Please don't overleverage yourself as tomorrow can bring new levels and situation can change, I just start shopping because soon the train is taking off even if it still drops a little, my personal accounts cannot get margin call, so do not take an example from me and do the math.
im short on this 1238 is strong resistance , heading down to 1209
ziadbeik
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I agree
dundeeboi
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and then of course the pullback!
dundeeboi
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stopped out at 1221.75,should have hedged. Only small pos though
ManWithBun
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lol "before you do that bang your head against the wall"
khadim345
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Thanks bro. I like your views.
Rizka
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Ready to long at 1226, 1222, or 1193?
TheZabisyu
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@Rizka, I already have long at 26.
I have buy limit at 1224.00 is where I add if market drop there.
I have limit at 1220 as well if market drop there.
Under 19 I start to hedge my longs if market drop there.
I do not close my longs but hedge them because even if we drop unexpected fast reversal will income and you be left out.
1193 should be off the horizon.
Rizka
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Did you really mean set TP at 1383? Or 1283? I don' get it.