Updated

XAUUSD UPDATE

XAUUSD currently finding support at 1638, from the chart above am expecting price to pullback or close to the support. and if the support holds i will be going long, but if the support breaks expect further drop to 1618.

if the long scenario hold from the support 1638 , then I will be expecting a reversal from 1660 to 1665 back downwards

stay tuned for live signal once I trigger my trades

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price retracing back to 1638 as stated above...

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going short on XAUUSD

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34 PIPS SL

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Price back to my entry after 20pips, still holding my positions

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once trade hit 50pips, move sl to entry

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close short posoition

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going long entry @ 1644

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during Asian open, i expected price to drop and take of 1640. that's the reason why I took the initial shot position, after 20pips in profit price reversed against me.... had to close cuz the support is still holding.

this is the reason why am currently going long: if you take a look at the trend formation on 15mins , its bullish and price failed to take out the current support at 1638

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close buy entry

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going short again same stoploss as before

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back in profit

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move stop loss to entry and hold

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+40pips in profit

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+60pips close half and breakeven

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approaching the selling zone @ 1665

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going short on xauusd

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+40 pips in profit

ForexAlpha7

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ForexAlpha7

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