Just added another Long position at the current level; (this is my usual procedure for my Gold trades whenever the price falls below my previous long position - kind of a stacking method)... For Gold trades, my focus is on buying whenever price has fallen (keep on repeating until profit, or worse comes to worse; until a break-even scenario)...
*Modified my stop-loss; pushed my stop-loss position further back (but I have typically been buying Gold without stop-losses anyway; I hold my positions with a very tight TP right at the end of a really seriously long stack of Long-positions sometimes; usually it ends up in an ultimate-massively big profit; forgot to mention that it is mostly done on scalping without SL in 1min TF chart...)
Regards.
Stay safe | Trade safe
*Modified my stop-loss; pushed my stop-loss position further back (but I have typically been buying Gold without stop-losses anyway; I hold my positions with a very tight TP right at the end of a really seriously long stack of Long-positions sometimes; usually it ends up in an ultimate-massively big profit; forgot to mention that it is mostly done on scalping without SL in 1min TF chart...)
Regards.
Stay safe | Trade safe
Note
I personally brought & stored some 1oz physical Gold Bullion coins in my safe-deposit too...; (was I ever once worried about the up/down price trending of Gold; no, not even once; why should I be worried...?)Mighty Gold shall be strong & remains strong...
All the best & God bless...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.