Buy 1865-1870 , TP - 1961 , it's a long haul
Updated
I'm still bullish on gold as the long term trend is still intact , nice squeeze by market makers , we will win no matter what taking 2% for this reversal, haven't closed my trades from earlier either i will hold until i win as my account is big i can easily control
Trade active
Caught it at 1863Note
Looks like the bottom line for now is placed at 1830-1850 region if it slips more I will add some more in small amounts, Buy the dip ride the trend , next week cooler inflation figures from U.S will Boost Gold Harder than this fall we have seenNote
Setup is still valid but leave room for further retracement in your Risk Management , Happy Weekend to EveryoneNote
I have exposed my total account value as of now to 4% in total and I'm willing to bet another 2-3% depends on how market will make it's next moves , i gain 5-10% per month on my account by doing trades with 2% exposure and sometimes going deep as 5% , but remember over exposure is not Good i know it too and my psychology has told me until now that even if i go down some % i can recoup it because of my experience and trading strategies, so learn risk management and build up your psychology accordingly so you won't have to panic in bad situationsNote
Running in 1400+ pips in profitNote
Booked my profit at 1878 , entered trade again from 1865 sorry for late update got busy in choresNote
50 pips in profit, closing half and setting it to B.ENote
100 pips and running, waiting for what jerome powell says in the afternoonTrade closed manually
Closing all my trades here and I'll look for more dip buying later on this week
Related publications
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.