nantha82

Now time for Buy

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
My trading plan:

1.USDX over-bought while XAUUSD over-sold.
2. XAUUSD look-alike respecting the trendline with support of 20 EMA (1-hour chart ).
3. Trade what you see, not what you think.
4. Do not care much about the historical chart for Gold to execute your trade. Analysis of the current trend.
5. 1900 line has been tested many times and does not rule out the break.

My trade plan would be :

Buy now and close at 1883 for minimum profit. If your equity is large, let say USD 5000 ( with position 0.01 ), may hold further up.

Trade with your brain, not with someone's idea.

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