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Going Long On Xau/Usd
Gold Spot / U.S. Dollar
Long
Going Long On Xau/Usd
By Trader_97
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Updated
Oct 29
2
2
2
Sep 16
Targets: 2646 & 2716
Stops: 2509
Risk to reward ratio : 1:2
Sep 20
Trade active
Trading in green around 2615. (+370 pips)
Sep 24
Trade closed: target reached
First target achieved. Closing 80% of the position here and moving stops to breakeven in anticaption of further upward movement.
Sep 24
Note
We just bagged 700 pips on the first target so we have to protect the gains here instead of letting greed take over.
Oct 29
Trade closed: target reached
Both targets achieved. Big winner
Candlestick Analysis
Support and Resistance
Trend Analysis
Trader_97
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