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joelle007
Jun 5, 2017 10:00 AM

XAUUSD at critical spot 

GOLD / U.S. DOLLARICE

Description

1286 is critical. If pass, it may go 1322, 1346, 1450. Otherwise there is still a risk to go down to 1170. Personally, I prefer the upside move, due to the weakness of USD.

Trade active

bought at 1282

Comment

It is now fighting hard to pass the previous high at 1295. I might manually close the trade somewhere and try to re-enter late. I am really not a long term trade.

Trade closed: target reached

closed trade at 1294. There might be some retrace. I can re-enter later. I am not good at long term trades. Hate to see profitable trades become lost trades. Happy with the pips I got.

Trade active

re-entered at 1292.57 looking for 1300 above.

Comment

was hoping it could go down more, so I could get much cheaper. But I did not get the chance to buy lower. It might still retrace more from current price, so I have very tight SL.

Trade closed: stop reached

stopped with small lose

Trade active

bought at 1275.92 with tight SL

Trade closed: stop reached

stopped yesterday with small lose.
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