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Gold Spot / U.S. Dollar

XAUUSD at critical spot

By joelle007
Updated
1286 is critical. If pass, it may go 1322, 1346, 1450. Otherwise there is still a risk to go down to 1170. Personally, I prefer the upside move, due to the weakness of USD.
Trade active
bought at 1282
Comment
It is now fighting hard to pass the previous high at 1295. I might manually close the trade somewhere and try to re-enter late. I am really not a long term trade.
Trade closed: target reached
closed trade at 1294. There might be some retrace. I can re-enter later. I am not good at long term trades. Hate to see profitable trades become lost trades. Happy with the pips I got.
Trade active
re-entered at 1292.57 looking for 1300 above.
Comment
was hoping it could go down more, so I could get much cheaper. But I did not get the chance to buy lower. It might still retrace more from current price, so I have very tight SL.
Trade closed: stop reached
stopped with small lose
Trade active
bought at 1275.92 with tight SL
Trade closed: stop reached
stopped yesterday with small lose.
Elliott Waveharm
joelle007
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