kjwlegend

Gold 0807 Trading Plan

Short
kjwlegend Aggiornato   
TVC:GOLD   CFD Oro (US$/OZ)
Instead of calling Gold analysis, I would use the term of trading plan or trading journal to record my trades.
So please note: This is a personal journal only, but NOT a trading suggestion. Please control your own risk if you want to follow, we may have different risk preference and position management strategy.

Date: 2020/08/07

No plan, No trading

Entry reason:
Gold drops from 2070 to 2051 since this morning and shows a signal of reverse in H4 chart.

I would continue doing short from now till 2010 1990.

However, there's some support at 2050 area. So, use swing trade technique to make more profit.

So here's my plan:

Sell from 2060-2070, Take half at 2050 and short again when it's up.

Sell stop at 2048. TP 2020 2010.
Trade attivo:
Short opened at 2061 now.
Trade chiuso: obiettivo raggiunto:
close at 2025 now
Trade attivo:
Gold price touches 2040 again.

I am adding some small short again. 2040 - 2050
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