elmakacho

XAUUSD Day trade Signal!!!

Long
elmakacho Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello everyone.

I want share my signal of gold for today.

Open Price - 1889.7
Profit Target - 1901.8
Stop Loss - 1885.5

the reason why i open the trade is, we are at daily support LVL from here we see some strong reversal movements after big bearish move, i think its going to retest some levels and i will try to catch this retests, we had some BOS to downside but today we saw COCH which gave me signal for upside movement. we have golden zone 1887.7 to 1886 if it broke that zone i will get stop but last time i got really good profit from gold.

Gold is bearish at high timeframe but at low timeframe i think this is chance to catch good movement of gold.

Be patient!!! LOSE IS LOSE!!! USE RISK MANAGMENT!!!

Trade active:
If someone trade with high lot i think 1894.00 is the best take profit target.
My strategy will be here follow to the trend with trail stop loss if i will be right.
Trade closed: target reached:
I got stopped but it was in profit at 1895.00
Another big and good day.

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