Sascha_Gogolin
Long

Short term long play

FX:XAUUSD   Gold Spot / U.S. Dollar
Potentially a good short term play coming up in the precious metal. Long at the bottom of the corrective structure with first target at the structures top.
Trade closed: stop reached: Since my suggested entry was pretty shallow, the SL should have been a bit bigger. Alternatively a deeper entry into the support zone with a smaller target could have been an option.
Since my suggested entry was pretty shallow, the SL should have been a bit bigger. Alternatively a deeper entry into the support zone with a smaller target could have been an option.
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