XAUUSD [GOLD] Daily Outlook | 18-May

Holla,

Sharing 3-in-1 trading opportunities i have spotted on gold. I will be keen to take as many of them as unfolds with price actions.


Kings.

Trade active:

Took buy and closed 50% AT 35 PIPS, then moved my SL to BE which got hit.
Looking forward to shorting when i get 1hr closure below my sell zone.

Trade active:

Second buy position executed, closed 50% at 35 pips and again moved my SL to BE.
Am really waiting for price to activate the big buy position by first playing into my sell zone. My sell TP is my BIG BUY entry trigger.

If by EOD it still doesn't play out, i would cancel the entire plan and post a new one.
For now, am good with 35pips for 100% (50%+50%) of my lot size.

Kings.

Trade closed manually