FXShinobi

GOLD LONG OPPORTUNITY - CAUGHT OUT BY A STOP LOSS HUNT

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

I was in a long gold position today, unfortunately price spiked down to my stop loss. I linked my previous analysis and trade idea.

Now I'm waiting for Gold to come back down to 1495 at the minor S/R before entering long.

Gold is still in an ascending triangle pattern and for that reason i am bullish .

Price today was unable to close below the bottom line of the ascending triangle pattern.

Risk to reward of 1.6



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