Gold and Volatility Breakout

FX:XAUUSD   Gold Spot / U.S. Dollar
A bearish candle closed out of Bollinger Bands and gave a signal for opening short trades. MACD and DMI confirm down movement. Entry level is 1340.00 with a stop order above Moving Average with period 20. Take profit order can be placed a little bit higher then 1300.00 support level .
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Entering short here, you should be ready to rebound up to the signal ... the yellow line. But then all the same fall. So - Short. .... Buying fall, not too bad, but a stop can be very large.
DLavrov MikleKey
Thanks for your comment! Different strategies give different signals and entry levels. Why not!
gl 1,52 RR not a trade i would bother with pretty sure tl holds here and theres a rebound that gonna be a better trade :)
DLavrov PeterHansen
Thanks for your comment )
np just my 5 cents gonna short around 1350 but looking how fast this goes no reason to hold over weekend :)
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