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benjimock
Mar 7, 2019 12:23 PM

XAUUSD COUNTER TREND LONG Long

GoldOANDA

Description

Gold's strong bearish run is due a pullback, price has overextended into the red demand zone, with divergence on the RSI and favourable price action giving entry for a counter trend long opportunity. Stops are place a 1H RSI below the red zone.

Comment

Closed at breakeven, I dont want to hold this overnight twice as swaps are accumulating and I think it will remain rangebound until NFP tomorrow, which means I will not be able to make it risk free before the release.

Comment

TP HIT if you held this trade + 2.12%
Comments
weii
Beautiful trade this, glad we held
UnknownUnicorn772665
Should have held lad
benjimock
@Charlie50Bowden, Tell me about it lad could've been at BE for NFP and ridden it to the moon
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