XAUUSD in bears control!
Updated
Hello guys,
One of the most possible scenarios about Gold for this new week would be selling on peeks to get better risk reward ratio.
Last week price broke the support area and now the we are waiting for a pullback to sell with other traders on the market.
For the following days we will track gold price on the chart and if any important event happens, we will update this post.
Good luck.
One of the most possible scenarios about Gold for this new week would be selling on peeks to get better risk reward ratio.
Last week price broke the support area and now the we are waiting for a pullback to sell with other traders on the market.
For the following days we will track gold price on the chart and if any important event happens, we will update this post.
Good luck.
Trade closed: target reached
Great, as we expected our first target hit successfully!Now we have 2 different scenario:
1. Waiting for the next target
2. Close part of our trade and save the profit, then make a risk free and wait for the next profit target.
You can act based on your decision on this case.
Good luck!
Trade closed: target reached
Nicely done!Today we succeed to reach our take profit areas (TP1 & TP2)
We hope it can be profitable for you as well.
Good Luck!
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