XAUUSD: CHANCE FOR A COLLAPSE-BULLISH.

Hello traders,

XAUUSD BUY PLAN 4Hr: Markert marking the price range @ 1228.659 facing the downfall. But the trend change will happen at any time.

At 1307.233, market printed a down impulse and gave freedom to the signals from the sideways trend. After the reversal, price range reached the max.low on this year.

Probably, the market will reverse the trend from current price action.

If reversal happens, the price range could fetch the benchmark 1281.445.
Or else, end the trade @1208.941.

HAVE A CLOSE LOOK ON THE CHART, DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: XAUUSD

Order: BUY

Entry: 1228.659

Take profit: 1281.445

Stop loss: 1208.941

Risk Vs Reward: 2.68

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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
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Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

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Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Trade closed: stop reached:

The reversal has not happened, the price range reached new break low exit the trade.

Don't worry, A Pinch of failure will add an extra taste for success.