CALPIPS

Very Bearish, Not right time to LONG yet.

Short
CALPIPS Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold break thru major support recently, was expecting it to bounce at least from 1880 level to retest 1965 but seem like it going to retest 1815-1830 level first.

Hence I will enter short at 1860 - 1870 level.
Trade active:
Entry: 1860
Trade active:
Entry: 1860
Added Entry: 1866
Trade active:
TP my first entry 1860 at 1849
+110pips.

Holding 1866 with breakeven of 10 pips at 1865.
Trade closed manually:
TP 2nd short at 1854.
+120pips.

***This idea no longer valid until next update/idea.
Trade active:
Reenter Short at 1871.
Trade closed manually:
TP my short at 1855.
+160pips

***This idea no longer valid until next update/idea.
I'll monitor if this H4 close below 1850 or not.
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.