FX:XAUUSD   Gold/U.S. Dollar
42 1 1
15 mins chart

Price break through the uptrend trendline but now it is not peak trading hour for gold             , with such a weak volume break out, I would hold and take action only when price goes down below 1230.30 (which satisfied 2.618 target gain for put, under 5 mins chart) or go back above the trendline .

Green boxes are going to be my entry levels for long or short, guess the battle will start soon at around 12:00 GMT             .
GingerBear PRO
a year ago
Didn't set target gain when I posted the blog, my bad. This chart is posted for trading in shorter time frame, with a well stop loss, I couldn't earn any $ when the price went up above the green box because the price moved too fast. I could catch the big move when price went below the lower green box and closed my short position at 1214, which was a 13.00 USD gain.
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