GOLD March 30, 2024: Target This Time?

Mar 30

As a trend-following trader, I am not a "target price" guy.

But let's try this time anyway.

XAUUSD might reach $2350 this time, based on the pattern shown on the chart.

Apr 9

Trade closed: target reached

As the target price was reached, I close half of my position and keep another half, moving up the trailing stop.

Now I am to find another price target for gold. See the related ideas section for details.

Apr 22

Trade closed manually

As described in the related idea on April 22, I closed the rest of my position.