Is XAUUSD heading back to 1300s?

I'm not trading XAUUSD for a while. But yesterday's candle tells lot! I decided to analyze the trend. There are some minor resistances however I see a great potential for 1300 level. I'm planning to go long a small portion and will wait for a pullback. I will keep this post updated!

This is not a financial advice!

Happy trading
Atilla

Commento:

I have decided to take this trade. I'm planning to open 4 equal positions. Here are my SL and TP levels.

Entry: Opening of 15th October - 1217
SL: 1095
TP1:1280 - scalp
TP2:1310 - scalp
TP3:1350 - swing
TP4:1400 - swing

I know RR is not that safe but i don't want to get stopped out. I'm planning to move my SL to break-even after TP2 and will keep moving it accordingly.

Commento:

Approaching to TP1

Commento:

First target!!!

Trade attivo:

We have reached to $1300 level

Trade chiuso: obiettivo raggiunto:

2nd target reached in 3.5 months!

Chart target reached as well! So I'm closing this post