Going Long in AUX USD GOLD ( Trend Analysis )

Hello Traders ;


AUX USD Forexcom
Buy / Long Trade Plan.

Entry Level @ 1771.34
Take Profit 1 @ Weekly Resistance 1871.69
Take Profit 2 @ 4 Hour Resistance / FIB 62% level 1888.71
Take Profit 3 @ 4 Hour Resistance zone / FIB 78.6% level 9305.8
Stop Loss @ Daily Support Level 1721.27

Lot Size :
Portfolio Size 10000
Risk to Reward 1 : 1
Lot size 8 units @ 5% Risk

TP 1 = Total PIPS in gain = 100.35 Profit 3.91 %
TP 2 = Total PIPS in gain = 147.40 Profit 6.72%
TP 3 = Total PIPS in gain = 192.94 Profit 10.84%
Total PIPS in Stoploss = 50.00 Loss 2.74%

Regards,