GOLD Trades Idea for Thursday 02 May 2024

2. Mai

DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.

Gold/USD (XAUUSD) Ideas For 02 May 2024

BUY LIMIT Order: $2299.54
Stop Loss: $2281.43
Take Profit 1: $2317.40
Take Profit 2: $2341.15

Risk per trade: 0.5%.
MT4/5 trade expiration: Today

100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.

Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%

Trade Review For 01 May 2024
Our limit order was triggered last night based on the US market data. We'll maintain this trade until either the stop loss or the first profit level has been reached!

May 2024 Trade Results

P&L for the month: 0R

01 May: Pending

The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
April: -7.75R