ForexAlpha7

XAUUSD UPDATE

Short
ForexAlpha7 Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
expecting XAUUSD to continue with the drop this week, If price continue to trade below 1800 this means the bear trend continuation.
I will be looking to go long whenever price breaks 1800 else am shorting XAUUSD till it hit 1778.

Stay tuned to tis feed for regular live trade updates. if you are just seeing my post for the first time pls check out my previous publications to understand how I operate.
Comment:
price retrace very close to 1800 wait for confirmation on lower TF before going short
Comment:
if price breaks above 1800 then wait for all the previous highs to be taken out before going long . in other to avoid fake out
Comment:
price just broke 1800
Comment:
Comment:
1804 is our current resistance, if price doesn't break out from there my SELL bias hold true.

patiently wait for confirmation
Comment:
no trades triggered at this point
Comment:
Comment:
GOING SHORT
ENTRY 1807
SL 1810.10
Comment:
am only risking 30pips on this trade
Comment:
Comment:
Comment:
+25pips in profit
Comment:
Comment:
+43pips, take partial profit and hold half

i will notify you for more entries
Comment:
Comment:
2nd entry @1803
Comment:
all entries in profit
Comment:
Comment:
1ST ENTRY IN 63PIPS PROFIT
2nd ENTRY IN 30PIPS PROFIT
Comment:
Comment:
1ST ENTRY IN 83PIPS PROFIT
2nd ENTRY IN 50PIPS PROFIT
Comment:
TAKE PARTIAL PROFITS...
FEEL FREE TO CLOSE 2nd ENTRY IF U MISSED THE FIRST ENTRY

AM EXPECTING A PULL BACK B4 THE CONTUNATION
Comment:
IF PRICE PULL BACK UP TO 1807 WE WILL SELL AGAIN
Comment:
Comment:
Comment:
1ST ENTRY IN 110 PIPS PROFIT
2nd ENTRY IN 75 PIPS PROFIT
Trade closed: target reached
Comment:
350pips drop from 1st entry... what a day ....

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.