XAUUSD UPDATE
Updated
XAUUSD currently finding support at 1638, from the chart above am expecting price to pullback or close to the support. and if the support holds i will be going long, but if the support breaks expect further drop to 1618.
if the long scenario hold from the support 1638 , then I will be expecting a reversal from 1660 to 1665 back downwards
stay tuned for live signal once I trigger my trades
if the long scenario hold from the support 1638 , then I will be expecting a reversal from 1660 to 1665 back downwards
stay tuned for live signal once I trigger my trades
Comment
price retracing back to 1638 as stated above...Comment
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going short on XAUUSDComment
34 PIPS SLComment
Price back to my entry after 20pips, still holding my positionsComment
once trade hit 50pips, move sl to entryComment
close short posoitionComment
Comment
going long entry @ 1644Comment
during Asian open, i expected price to drop and take of 1640. that's the reason why I took the initial shot position, after 20pips in profit price reversed against me.... had to close cuz the support is still holding.this is the reason why am currently going long: if you take a look at the trend formation on 15mins , its bullish and price failed to take out the current support at 1638
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close buy entryComment
going short again same stoploss as beforeComment
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back in profitComment
move stop loss to entry and holdComment
+40pips in profitComment
+60pips close half and breakevenComment
approaching the selling zone @ 1665Comment
going short on xauusdComment
+40 pips in profit
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