SOLOMON NUMBER of GOLD (XAUUSD)
The Solomon Number of Gold is: 1849.50
Instructions:
A- Every increase in price is an opportunity to sell. The Target is Solomon Number 1849.50
B- Once the Solomon Number is touched the analysis is no longer valid to enter and take short.
D- Apply proper risk management according to your balance (Recommendation: you should not involve more than 50% of your equity until 1923. in this type of strategy we do not use stop loss, instead we use lock. so put a buy stop on 1923 which is equal to the size of all sell orders.)
1st short entry@ 1863
2nd short entry@ 1866
3rd short entry@ 1870
TP@ 1849.50
Instructions:
A- Every increase in price is an opportunity to sell. The Target is Solomon Number 1849.50
B- Once the Solomon Number is touched the analysis is no longer valid to enter and take short.
D- Apply proper risk management according to your balance (Recommendation: you should not involve more than 50% of your equity until 1923. in this type of strategy we do not use stop loss, instead we use lock. so put a buy stop on 1923 which is equal to the size of all sell orders.)
1st short entry@ 1863
2nd short entry@ 1866
3rd short entry@ 1870
TP@ 1849.50
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