FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
taken a sell on gold below 1780.74 because we are in a downtrend and 4h is also rejecting area above 1781.31
will secure 15/10 pips and I will put SL at BE after securing partials,
I will close 50% when it will come back in the range of 1781.31.
final target is 1777.92.
Trade closed manually:
original risk was 15 pips,
managed risk and closed 50% on 4 pips drawdown and close entire on 6pips drawdown.
will give my trade a second chance once it breaks 1780.41 .
Comment:
looking for gold buys as well based on 4hr closure.
Trade active:
secured 10 pips and SL at BE
Trade active:
final TP 1777.12
Trade closed: target reached:
secured 22 pips and done for the day :)
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