Gold Trade Plan - Long Setup
Updated
A bit risky trade, small lot advised
Make it breakeven after reaching TP1
Reason for Trade: Continuation pattern,
expecting a positive upcoming news.
I am also testing my trading strategy for Gold
as its a bit different from Forex pairs.
Entry is CMP (Instant)
SL is defined below the LL
TP1 and TP2 defined in the chart.
Trade with caution, do it on your own risk,
manage your risk reward accordingly.
No Prominent divergence.
Make it breakeven after reaching TP1
Reason for Trade: Continuation pattern,
expecting a positive upcoming news.
I am also testing my trading strategy for Gold
as its a bit different from Forex pairs.
Entry is CMP (Instant)
SL is defined below the LL
TP1 and TP2 defined in the chart.
Trade with caution, do it on your own risk,
manage your risk reward accordingly.
No Prominent divergence.
Note
Against the trend, a bit risky but i am with my planTrade closed: stop reached
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