Chart detail will make you clear
and in comment for more detail.
and in comment for more detail.
Note
for confirmation to upside Gold must higher than 1510+Really If entry now is risk please limit your risk and van buy more if Gold can pass that level
If you can manage yr %Risk and accept loss It is Ok .
Note
If you don't want to risk so much , If gold drop lower than 1500.0 may exit first and wait.If you can accept drawndown it is Ok , Because Trend of Gold still Bullsih
now in retracement peroid,It may finish or not
Only market know.
I only saw some breakout and entry with linit Risk.
Note
Morning Asia !I just wake up.
Gold over 80 pips and can break over 1510 lasy high and make new high
sane.
Lock yr profit !!!
Note
Next problem.Which target we should exit.
Trend is Bullish. Gold can go higher high and I think we got good entry when compare with other (other wait break 1510 but we got around 1502 zone)
I only move sl to be
if Gold drop in1510-1511 zone we buy more ( Just drop on this morning)
If you would like partial closing It is Ok and Let remaining run.
Target I thimk i short term will see 1523+
medium term 1560+
Let 's market flow.
Note
Hit 1523 - 190+ pipsI partial close 50% and let 's profit run.
Trade closed: stop reached
it is bad for hit breakeven but it is good news that we take partial profit before it drop.
I think after this i will buy again.
^ ^
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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.