TradeInsiderSetups
Long

GOLD Out of descending channel

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price of the gold touched the trend line support level , where found a support and as we can see bulls took control over the bears here. I'm going to take a long here with stop below the trend line and my target will be the weekly chart high. Here is how my signal looks like:


GOLD BUY @ 1.1320 - 1.1308
SL 1302 (and move it to break even if price reaches 1327)
TP2 1350
TP3 1365

Fore more trading signals, join us for free on: http://www.trade-insider.com/membership-...
Comment: It's time to move SL at break even as I mentioned in the signal +80 pips
Comment: Gold at 1339 and it's running with +190 pips. Time to move SL at break even to secure the trade and wait for the targets.
Trade closed: target reached: GOLD HIT 1340 (chart target) +200 pips and its come to 1327 where our SL locled +70 pips :)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out