GOLD LONG, RR 1 : 2.2

17 sie 2017

XAU/USD (Gold) in daily perspective has come back to retest 1290 price for the 3rd time since March 2017. I am bullish on this, as long as it doesn't break below 1265/oz, my target 1310$ will still intact.

Reason :
- Price retest and rejection on fib level 50% on yesterday's FOMC event, rejection area (sign of bear trap).
- Support area of 1267, double bottom formed.
- Uptrend is not over yet!
- Potential to reach next support points :

Entry point Short : CMP or any pullback to 1280 area ; TP 1310 ; SL 1265 area

Risk Reward 1:2.2
Always remember to trade with stop-loss, market is crazy & cunning*

18 sie 2017

Zlecenie aktywne

Personally entered at 1285 area, currently holding +80pips.

Will gold close above 1300 today? Let's see

18 sie 2017

Transakcja zamknięta: osiągnięto wyznaczony cel

Took profit at 1300 with +150pips banked.

Let's come back again next week!

23 sie 2017

Uwaga

Gold might range awhile on the current level, 1310 target still intact.

Trade safe with lots of high impact market news ahead this week.

27 sie 2017

Zlecenie aktywne

1280 support firm. 1310 target still intact !

29 sie 2017

Transakcja zamknięta: osiągnięto wyznaczony cel

TP hit due to N.Korea tension. Thanks Gold.

Bags secured nicely.