KingTraderFX

XAUUSD Risky Trade

Long
KingTraderFX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
RISKY Buy/Long

Entry: 1843.110 Long/Buy

Target: 1895.599

Stop Loss: 1830.704

Risk: 2% of Capital

Enter in with caution as XAUUSD has been in a downtrend for a while. This is for day traders mainly that are looking to take a risk for a quick potential profit gain.
Comment:
Was a risky idea and may continue to go downward. Would not enter again if you want to stay clear out of the huge downswings. God bless and happy trading!

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