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Daniel.T

Gold moving up

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Daniel.T Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
764 retracement swingtrade Gold Fibonacci Retracement pivot Pivot Points pivotsupport multipletargets Exponential Moving Average (EMA)
20
5
764 retracement swingtrade gold fibonacciretracement pivot pivotpoints pivotsupport multipletargets ema
After a long decline XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high)
Price is also slowly crossing 10 Daily EMA.
2 targets with stops around the last low (12/15) and S4 pivot support
Let's see.
Trade active
Comment:
Nice breakout & in profit
Hopefully it continuous moving up
snapshot
Comment:
Always good re-enter opportunities for extra (small) positions when price retrace to 10 Daily EMA
snapshot
Comment:
Price breaking important resistance at 1164-1166 right now. If it can close above i will add extra small position with same targets.
Trade closed: target reached:
First target hit
Comment:
Another buy opportunity at Thursday support?
snapshot
Trade closed: target reached:
1200 hit!! Made realy nice profit
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