ernstschwarz

GOLD XAUUSD Short with 2618 trade

Short
ernstschwarz Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
i shorted gold at the 0.618 retracement.

now priceaction gives more confirmation and the stopploss can be placed above the 0.618 high.

open two trades

after 1st take profit move stoploss of 2nd trade to breakeven (no loss level / level where you baught)

this is not a trade call and you are responsible for all your action.

dont risk more than 1% of your trading account's money on the stoploss!
Trade active:
active.... and the pullback allows you to enter now once again
Trade active:
first target hit

move stops to breakeven.
Comment:
second half was taken out for a breakeven.
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