XAUUSDI took a position on XAUUSD — GOLD, entry 3934, stop loss 3922 and initial take profit 4025. Position size 0.10 lot, roughly €1 per pip.
Concretely, my initial risk is 119 pips (3934 − 3922) and my target on this TP is 905 pips, so a risk-reward ≈ 7.61 — a high-asymmetry trade.
Currently I’m in profit: +470 pips on the tracker — price is rotating in my favor and heading for the TP. The final objective we’re following with scaling/position management is to reach 905 pips in extension — and in the medium term I see gold reaching 5000 zone.
Important: when we approach the 4000 area, I expect a reaction — many players will take profits and we’ll likely need a pullback/correction before the uptrend resumes, because LORE has been climbing continuously for a long time.
Management plan: keep the initial SL, let the position run while the structure holds, and consider moving the stop to break-even + trailing once key zones are broken to protect gains.
Reminder: this is my personal read and my management. Always respect your money management — don’t forget the risk. If you want the exact levels or live tracking, check the description / pinned.
