Lukegforex

XAU/USD TAKE PROFIT ACHIEVED 12RR!

Long
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
XAU/USD 30M - What an amazing trade to end this week on. As you can see we have just taken profit on this position and it has generated us with some amazing returns.

It is now important we wait patiently for the next trading opportunity, we want to see price trade into this Supply Zone and reject well giving us the opportunity to take this market short.

This trade took profit for + 570 pips. (+ 12%) 12RR

In order for us to take part in the short taking us lower we must see relevant confirmation, this will come via a break of structure to the downside followed by a correction into a fractal Supply Zone and another more fractal BOS.

A massive well done to all of you who managed to get inboard of this trade, this is definitely one to add to the books, what a way to come back after a few weeks off! Any questions drop me a message or comment below!

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