selenk
Long

Gold Long-Term Position Trade

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
There's a noticeable ascending triangle on XAUUSD weekly chart.
This indicates a bullish trend in the making.
Looking to buy XAUUSD around 1290-1300 with targets of 1400 followed by 1480.


Trade active: Bought @ 1291.60
Comment: Positions are hedged short at the breakout from 1285. Waiting for the trend to bottom.
Comment: Short Hedge closed in profit at 1203.03

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