theoris

Buy Gold after break up to 1512

Long
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
detail more in comment
Comment:
I buy first entry around 1493.53
and prepare to buy more if move into gray zone as chart below
Comment:
Gold still in retracement time.
Please use suitable money management.
and don't take high Risk.
when Loss will small and Big win .
Comment:
buy more second entry 1490
if below red line i will cutloss
( Now Gold still bearish don't over trade.)
Comment:
Close first entry in a little profit
Comment:
Move sl of second entry to be
or partial close with 40 pips profit.
and let remain run as it can
I don't sure gold can go to TP point or not
because retracement zone it is unpredictable,
Hope you can profit but this idea drawndown is high. next time I will try again.
**** Important Seller still control this game , we should beware of buy position.
Cheer.
Comment:
Break Thick black tl form H&S inverse
in TF H1
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.