Gold has been trading within a relatively stable range throughout the week. This consistency offers traders a chance to capitalise on predictable price movements and secure some pips in the process.
Long term, I am still bullish on gold. But charts are pointing to some short term bearish moves.
Manage risk accordingly. I have a tight stop, above liquidity from yesterday as we all know what gold can do.
XAUUSD Sell
Entry: 2036.91
Stop: 2040
TP: 2026.40
Long term, I am still bullish on gold. But charts are pointing to some short term bearish moves.
Manage risk accordingly. I have a tight stop, above liquidity from yesterday as we all know what gold can do.
XAUUSD Sell
Entry: 2036.91
Stop: 2040
TP: 2026.40
Trade attivo
Commento:
Closed 50% and moved stop to BE. Secured some profits and taken the trade to a risk free trade.
Trade chiuso manualmente:
Closed the further 50% of the trade. Job done.