G-money2022

Gold Update 5- TUE 13 June

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi All,
Quick Update: I took TP1 & closed trade yesterday.

Today: I did re enter at same level entry level @ 1961.150 & took TP1 at 1951.380 with a profit 9187 pips on the micro account. Momentum is lost I guess for today …

Gold market goes sideways & I’m really weary of it. It could loose strength and start moving totally opposite.

As much as I’m aware set up still valid, but… I do treat market with a caution, because of pretty strong S/R levels & some signs of possible reversal on 1H & 4H charts. We can see triangle formation with neutral direction…

Even if the market going to loose steam I’m not upset so much because…

TP1 - 8431 pips yesterday
TP1 - 9187 pips today

In another words TP2 pip targets achieved in 2 trades & Total of 17.618 pips on micro account cleared up already

7 trades won in row…

Have a nice evening , time to relax ;)
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