sonicthehedgefundmanager

cup and handle (close enough for me)

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Hey,

This trade is way more fundamental than it is technical, I see a cup and handle with a triangle that looks ready to breakout, given the Ukraine/Russia war broke out I can't see why gold would go down too much. Some of the ideas I have seen on here make this one looks well, simple. I like simple how about you?
Trade active:
Got pretty lucky with the timing on this one, looks like I have a long term hold for now, what do you guys think?
Comment:
Emotional state: satisfied, confident. Blood pressure - normal
Comment:
Comment: Gold looks good to hold, normally I try to day trade gold, eff that noise lol. My guess is buy and hold will net better profit long term.

Emotional state: satisfied, BP normal
Comment:
the Daily chart is finally showing some weakness, the day trader in me is getting skittish and wants to sell, but this is a test account to see how simple buy holds play out against day trading. Lets see how she goes.
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