GOLD for FX_IDC:XAUUSD by ReversalTrader_

trendanalysis xauusd xauusdlong gold goldlong

Buy Gold at 50% Retracement of Daily Bullish Pinbar formed at weekly resistance (look at weekly chart and zoom out, left hand).

SL: A few pips below Pinbar Low
TP: Next Major Weekly Resistance

Comment:

Note: Close Trade when NY Candle Close beyond Daily EMA5 (but letting trade initiate it's movement in the early state).

Comment:

Still holding until Daily Close (NY Candle) below Daily EMA5.

Trade closed manually:

Closed after Daily Close below Daily EMA 5 on 04.08.2017

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