rhf_fx

Gold Analysis 04/10/2020 -- Update 2

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
After taking sells where we banked 90 pips, price broke above the range highlighted on the analysis last night.

Instead of waiting for support to form, I waited for a retest and entered on the retest, so this was effectively a break and retest entry.

As price reached the first target, I secured my entry and moved stops to BE.

Price then reached my next target where I closed more partials leaving a 10% runner and I closed my final positions as we wicked off the resistance zone at 1918.50 securing 140 pips.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out