GOLD (NYSE) long setup 1:3 risk with multiple targets
Updated
GOLD is a gold mining company, Barrick Gold Corporation. GOLD broke out the resistance and stayed above it. I'm expecting more up move. Winning probability of this trade is less than 35%. I am going to trade this setup with a proper risk management.
GOLD LONG SETUP:
1. Entry: 16.76 (or market open at 29th Nov 19)
2. Entry: 17.23
Stop-loss: 15.96 (0.8 pts)
1. Target: 18.96 (2.2 pts - 2.75 R)
2. Target: 19.97 (3.21 pts - 4.0 R)
Disclaimer: This is not a financial or investment advice.
Trade safe,
Atilla Yurtseven
GOLD LONG SETUP:
1. Entry: 16.76 (or market open at 29th Nov 19)
2. Entry: 17.23
Stop-loss: 15.96 (0.8 pts)
1. Target: 18.96 (2.2 pts - 2.75 R)
2. Target: 19.97 (3.21 pts - 4.0 R)
Disclaimer: This is not a financial or investment advice.
Trade safe,
Atilla Yurtseven
Trade active
Trade executed at market openNote
I have sold half of my positions. I'm already in a free tradeNote
Sold another halfTrade closed: target reached
Closed at the open... 18.91
I know Kung-Fu!
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