FriesianFX

XAUUSD buy idea

Long
FriesianFX Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Looking for buys on the close of this current 5m or 15m candle so long as it doesn't go up by 20 pips or more.

Stops will be structural low, adjust position size accordingly
Trade active:
5m candle closed above the level, buys taken here stops below 1962 move stops to break even at 10 pip profit
Comment:
stops at breakeven
Comment:
1965.6 move stops to 10 pip profit, feel free to close out position or take partials and leave a runner to keep going with 10 pip profit guaranteed
Trade closed manually:
30 pips achieved

Trade closed in full for me, stop loss at 20 pip profit for runners, leave a trailing stop so you can make as much as you want. Great trade to start the day off +3%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.