As a trend-following trader, I am not a "target price" guy.
But let's try this time anyway.
XAUUSD might reach $2350 this time, based on the pattern shown on the chart.
But let's try this time anyway.
XAUUSD might reach $2350 this time, based on the pattern shown on the chart.Trade closed: target reached
As the target price was reached, I close half of my position and keep another half, moving up the trailing stop. Now I am to find another price target for gold. See the related ideas section for details.
Trade closed manually
As described in the related idea on April 22, I closed the rest of my position.
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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.