Highly respected resistance level has been obey this position is now live i have sold now and i have a buy limit order which is via the graph
Entry - as soon as possible
SL - 1556.51
TP - 1522.75
(slightly early exit to avoid major support level)
Buy limit (for later)
Entry - 1521.80
SL - 1515.5
TP - 1538.2
On the market open and if the level 1527.00 (Potental pos #1 being a sell limit order) is respected i expect a sharp reversal to 1522.8 if breached due to normal fluctuation or gapping
Potential Pos #2 must be ignored unless there's a candle that surpasses the 1527 level and closes above it and then the buy limit should be opened if respected i expect gold to goto...
Resistance and the latest breakout indicates one the 1M timeframe it's time to sell XAUUSD via the 1 MONTH Timeframe i have postioned the take profit just above the underlying support line just incase the exit isn't completely performed so if respected you'll be out just a tiny bit of profit short for a secure exit good for set and forget...