XAUUSD- Gold Short First and Then Long for Small Accounts
After a BOS (Break of Structure)/CHOCH the trend now switched to bullish. Looking to take out some buy-side liquidity around the 1700s. But first..Here are the next 2 potential XAU trades.
Trade 1: Short from 1659 with a stop at 1661..Take profit at 1642.
Trade 2: And then enter a long from 1642 for the bullish trend for the rest of the week to the 1700s.
Key rules: Don't be greedy and over leverage and always protect the bag.
Trade 1: Short from 1659 with a stop at 1661..Take profit at 1642.
Trade 2: And then enter a long from 1642 for the bullish trend for the rest of the week to the 1700s.
Key rules: Don't be greedy and over leverage and always protect the bag.