DN_Trades

GOLD IS BULLISH!!!

Long
DN_Trades Aktualisiert   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Now most people will definitely think Gold is bearish

I can assure you it is very bullish; why?

1. it is printing HH and HL so i expect this place to the be the higher low for the next HH
2. With Fibo, it is at 0.168 which is a reversal zone
3. It touched the support zone and we had a rejection there
4. It is in a falling wedge also which is a bullish structure
5. Tested EMA 200
For swing traders.

buy at 1912
stop loss - 1880 or if a daily close below the trend line or below the EMA 200

Tp 1 - 1946
Tp 2 - 1978
tp 3 - 2018
Tp 4- 2070
Tp 5- 2140
tp 6 - 2200
Kommentar:
160pips in
Kommentar:
200pips in.

if you are just joining look for an entry here with a sl of 1920
Kommentar:
Minor set back, patience guys
Trade ist aktiv:
we are still in this
More profits coming
Kommentar:
Partial close
CPI news incoming so as not to totally lose this trade
Kommentar:
Move stop loss to entry
Kommentar:
Tp 1 is done
Kommentar:

Road to Tp 2
Kommentar:
Almost reached tp 2 but you can take partials at 1970; because i am expecting a downfall soon
Kommentar:
Tp 2 reached, have to check the charts again looks like the run to 2000 has started

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