XAUUSD Sell Short

Gold / U.S. DollarFOREX.com

Description

⋅ Nov 16, 2023 11:02 PM

This is my idea on XAUUSD. Expecting price to fall to 1966.57.

After reaching TP1, capture half of the profits and set a stop loss at TP1, then follow the trend with a trailing stop.

What do you guys think?

Trade closed: target reached

⋅ Nov 20, 2023 2:31 PM

TP1 has hit, and the second trade closed at a price of 1976.04 due to a trailing stop loss. Excellent start to the week.