XAUUSD Gold, 1H, Short

15 gen 2020

It really cannot be more simple then that as long as the ME is silent.

15 gen 2020

Nota

TP: 1532 and wait for reversal to go long again

15 gen 2020

Nota

SL: I put a conservative SL on the chart, personally I am putting it at 1563, however keep in mind that then the R/RR is lower

16 gen 2020

Nota

so far playing out nicely, I added a few more short positions at 1553 during the bounce. First TP for conservative traders should be around 1544.

16 gen 2020

Nota

I am keeping my shorts, don't panic brothers.

16 gen 2020

Nota

time to take first profit, what a ride! stopped exactly at support. Now we wait for the next swing down - just rinse and repeat.

17 gen 2020

Nota

tripple top on 1H - got more short positions just now. Chart and strategy still in play.

18 gen 2020

Nota

My SL at 63 saved me, I put in more shorts to create a better DCA. I believe that if we hit 68 on sunday i would close my positions and accept a loss. However, if bulls don't manage to cross 64 gold clearly will retest at lower levels.

New SL: 1568.1
New TP: 1543.2

21 gen 2020

Trade attivo

still 6 dollars to my stop loss - I am walking a thin line here, but I believe it will pay off.