ForecastCity
Short

Excellent Long-Term Hunting Opportunity in XAUUSD, Don't miss it

FX_IDC:XAUUSD   Gold / US-Dollar
Trading suggestion:
There is possibility of temporary retracement to suggested resistance zone (1356.75 to 1375.05), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.

.Beginning of entry zone (1356.75)
.Ending of entry zone (1375.05)

Take Profits:
TP1= @1341.55
TP2= @1324.15
TP3= @1308.85
TP4= @1294.60
TP5= @1262.50
TP6= @1240.70
TP7= @1204.80
TP8= @1131.60
TP9= @1046.15
TP10= @Free

Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
. Relative strength index ( RSI ) is 68.
.Current short-term is range bound, but beginning of downtrend is expected.
Trade ist aktiv: TP3 HIT!!

All SLs moved to Break-even.

Trading suggestion:
We have already opened Sell trades, trade setup is drawn on the chart and shows entry and targets

Technical analysis:

.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 48.

Closed Profits:
TP1= @1341.55
TP2= @1324.15
TP3= @1308.85

Take Profits:
TP4= @1294.60
TP5= @1262.50
TP6= @1240.70
TP7= @1204.80
TP8= @1131.60
TP9= @1046.15
TP10= @Free
Trade geschlossen: Stop wurde erreicht: Break-even

Closed Profit:
TP1 @ 1341.55 touched at 01.29.2018
TP2 @ 1324.15 touched at 02.06.2018
TP3 @ 1308.85 touched at 02.08.2018

7 other break-even trades closed at entry price, therefore no profit no loss.

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