Short

Gold Sell

Updated

If you took my last idea you can see that once price has reached a certain area I am looking for sells. Remember that proper risk management is key to surviving a trade setup that is no longer valid once it hits stop loss or is about to. So make sure you use 1% to 2% of your total balance. With that being said Gold seems to be headed towards the down side in what seems to be bearish sentiment to start out the day.

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Entry Area: 2424.450 Stop Loss: 2433.609 Take profit: 2394.314

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You can take some of your position off the table at 2414.384 for 1 to 1 risk reward or you can ride the wave all the way down to 2394.314 I will keep you posted on my exit if anything changes.

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Retracements happen so don't be afraid to hold until price reaches 1 to 1 and then the main profit target

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Take profit 1 Hit booyah, you can take half of your position off set the rest to break even or set stop loss to entry and wait for the other take profit target.

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Going for a run guys hope you enjoyed the setup. Like and comment for more free trades

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Back from my run feeling fit and energetic. This seems to be a good area to exit the trade because price is currently at a area of demand you can still hold if you want to because this is now a risk free trade given that your stop loss is at entry. But I think it is time to close out. Feel free to leave a comment if you took this trade and made profit

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Quick update I set my stop loss to 2405.474 waiting on main tp

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Main TP just smashed lets go guys share comment if you made money this will make me feel good guys

FaithfulTraderAcademy

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