Gaspar_Trader

XAUUSD - QUICK BUYS / RETRACEMENT TRADE

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi Everyone,
I'm taking the risk and placing this 1:2 risk:reward trade to try and speculate the price going back towards 1845 area before continuation down.

This is a risky trade as it goes against the trend, however, in my opinion, it's worth a try to make a bit of money on top of our short (Sells) trade.

Trade active
Trade active:
Current trading around 1:1 Risk:Reward.
I'm placing Stops at breakeven and letting it run without risk!
Trade active:
If you had not moved your stop loss to breakeven, you're still in the trade and heading towards the Take Profit area. Good Luck!
Trade closed: target reached:
TAKE PROFIT HIT

L.G
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