NasBaz

Nice 1:7 Risk:Reward Buy on Gold!

Long
NasBaz Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Price has been retracing for the past 2 days, where i am looking to add buys at the highlighted orderblock, which was ultimatley the cause of the breaks of structure, nice risk:reward and pretty clean setup. Targeting the potential head and shoulder formation at $1807
Comment:
beautiful rejection, stoploss @ breakeven
Comment:
amazing trade so far, still quite not ready to move SL above breakeven as i am anticipating a pull back to around $1784 to form a potential inverse head and shoulders. if that is the case, will look to add another postition
Comment:
closed 80% @ +6% letting the rest run just incase
Comment:
TP SMASHED

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