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UnknownUnicorn3635245
Sep 1, 2019 5:21 PM

H1 XAU/USD + Gap analysis+potential positions in the first hours Short

Gold/U.S. DollarFXCM

Description

On the market open and if the level 1527.00 (Potental pos #1 being a sell limit order) is respected i expect a sharp reversal to 1522.8 if breached due to normal fluctuation or gapping
Potential Pos #2 must be ignored unless there's a candle that surpasses the 1527 level and closes above it and then the buy limit should be opened if respected i expect gold to goto 1532.4 (i always prioritise slightly early exits with intent to avoid major mid and big figures can that may interfere with the position)
risk to reward ratios 2.6 to 3.25

Trade active

Trade closed: stop reached

Both levels disrespected
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