mohammadsomeaneshin

Gold potentials / neutral

OANDA:XAUUSD   Gold Spot / U.S. Dollar
you see? price is still ranging between 1915-1913,
Goldman Sachs economists said that interest rates may get lower, which may change the financial situation of US Dollar, chart is still waiting for NY volume coming up, changing interest rates and China50 stock market bearish move, seems to start a bullish movement on Gold.
I am expecting a break over 1915, form a new support higher than area, then a continual bullish movement,
but if price decided to go bearish, i wait until 1913, with a tight stoploss, I wait for liquidity and enter sells.
for entering sells, concern that your risk free may hit, I don't use trail stop or risk freeing my open orders on sells.
lets see what happens today.
Trade closed: target reached:

tp hit ;-)
Comment:
second attempt also TP
Trade closed: target reached

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