OwenMohd

Gold targeting 1639+

OwenMohd Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
As per setup. Good luck.
Comment:
Range is 1639-1649. On the outside chance no pullback there then 1711-1717.
Order cancelled:
Chance of hitting SL is high. Cancelling this trade
Trade active:
Trade back on LOL. SL at 1540 low.
Comment:
Regarding the above:
I had to cancel then re-initiate this trade because today was NFP apparently. I don't trade the news because my trade entry setups usually doesn't appear during news times. My initial long position was suppose to fill at 1539 but gold missed it by $1. That's why I cancelled initially and went back in on the retest low. SL at 1540 is very good RnR too.
Comment:
This region will give confirmation for continuing uptrend towards 1639 TP

Trade closed manually:
As per above chart update, gold is back into consolidation. Too early for break 1611 high position. So: I TP’d half long positions and shorted 1557. Short potential is 1548 to 1515.
Comment:
For those interested shorting:

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