if you are interest to take more free risk positions on gold here is my setup trigger levels for long positions on XAUUSD.
don't forget to setup your positions based on money management and volume.
and don't forget bigger time charts still bearish so we can not expect a reversal trend yet.
Buy at first level around 1830$
Buy at second level around 1822$
Buy at third level around 1812$
setting stop loss and take profit is up to your strategy.
however I will update after the proper rally or drop again.
the nearest TP.s are the orange levels showing on my chart.
Enjoy the market
don't forget to setup your positions based on money management and volume.
and don't forget bigger time charts still bearish so we can not expect a reversal trend yet.
Buy at first level around 1830$
Buy at second level around 1822$
Buy at third level around 1812$
setting stop loss and take profit is up to your strategy.
however I will update after the proper rally or drop again.
the nearest TP.s are the orange levels showing on my chart.
Enjoy the market
Trade active
my all 3 target positions triggered now and the nearest TPs are on the chart below. in the case of drop the stop loss is below 1810$.
Trade active
our first target broke upward so hitting second target looks more logic now. however to prevent profit set your trailing stop.Trade closed: target reached
all targets hit. you can trail your stop loss or close positions.
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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.
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.