MaBaCapital2

XAU/USD trade idea

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So when we have a look at the chart we can see that the price is moving into some sort of support that we hade in the past. We can also see that the price has already broken that leven in the past so we need to be aggressive here with the risk management and keep an eye out for what the price is going to do.

I would be going into this trade with 0.5% risk because we need to be aggressive.

Entry: 2312.668
TP: 2343.354
SL: 2303.996
R/R: 3.54

Comment:
Keeping a close eye here to see what the price does. Maybe close early and re-enter with a different stop loss level.
Keep you posted!
Comment:
Looking for a new one
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