AlexMichael

Gold Wedge / EMA Break [XAU/USD]

Long
AlexMichael Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trade on break and re-test! RSI and MACD look like they could signal perfectly on a break too to setup for a re-test and then a move,

Not financial advice.
Trade closed manually:
My original trade parameters were wrong, because of the MACD I should've set the buy in lower- however being under the EMA I was cautious to do so and maybe shouldn't have taken the trade in the first place. It's a coinflip if it hits the stoploss or the target first now.
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