GoldxGang971

I decided to give it another try since it bounced of this second supply zone. Let's see how it play. I could not afford a bigger SL on the first position so I got to take the loss and try it again respecting my money management.#XAUUSD

This buy worth the try. the RR is to big to miss this !! Might not hold this until the TP but let's see how ou it play. Will update if I get SL. If we have a clear break of this EMA , I will sell targeting all the Order block bellow. #XAUUSD

Price reacted to the trend line. I'm in a buy and at B/E. Could close it here with a nice profit but the reward could be big and im already got my sl to BE. So maximum reward for no risk a this moment. Will gold maintain its bullish momentum. We'll see. I have a possible sell setup in case we see a rejection of this reaction zone to go break the trend line an keep going downside. #XAUUSDTrade was close at 1929.

I've identify a reaction zone with could be seen as a Higher Low if we reject it to continue the overall uptrend on bigger timeframe. The R:R with this trade is really good wich is the reason why I took this trade with just a study of previous reaction in this zone. I will give an update when I close the trade. I've put 2 TP's that are the next resistance zones

Im in two position with SL at Breakeven , I want to see gold test this red resistance area before Tuesday

Possible Long trade Since gold as reacted to the 38 fib level of the whole move up from 1680, previous day closed green , it could be seen as a rejection, SL under this demande zone The RR is positive , Risk management is the key . No risk no reward ,Actually the trade is in profit, and SL at break even !

Was waiting on confirmation and took the trade just basic analys.