Long

Buy Gold

By theoris

Updated

more in commment

Note

next Res. around 1511
let 's check at tradingview.com/chart/afuAPEFD/

Note

If tonight drop below TL around 1500 -
For low risk , you can cut loss first. and wait for new suitable entry again.
If account can support high risk may buy more in green zone 1496-1500
I think Long position will invalid if gold drop below 1485.

Note

Buy more @ 1497.75

Note

Close First entry near entry with small profit
and Hold second entry - move sl to be
This idea is bad with high drawndown but profit
, only buy limit can help if you set on lower zone.

Note

after 1 day Chart change
Next res. is 1506 if pass can go 1511
now around 70 pips may partial close in profit ( from second entry)

Note

Gold break TL up

Note

123 pips don't do anything only Hold buy position .
If you don't want to risk more can close all and trade again tomorrow.
for me only move sl to be as i told on upper comment
if price move 1524+ i will move sl to 1521.
if not and drop to hit BE . don't reentry .wait till fomc finish.

Trade closed: stop reached

Hit BE after FOMC

theoris

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