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CFDs on Gold (US$ / OZ)
Long

GOLD is close to accurate entry place...

By Yuriy_Bishko
Updated
I will open buy if GOLD will make a false break out of $1484

potential profit will be in 8 times bigger than risk

You will get an accurate signal with entry place, Take Profit & Stop Loss place if this post will get 100 like.
Comment
100 is so close)))
Comment
GOLD, buy limit at $1484.50
S/L: $1479.58
T/P1: $1514
T/P2: $1533
Comment
Always remember, trading is a risky space. I never use more than 2% of my capital in 1 position. Totally recommend u to do the same.

for example. How can u cout volume

My personal risk per position is 600usd
Stop loss 50 pips

600/50.0 = 1.2 lot

P.S. Do your own research, your entry is your personal responsibility and your potential profit.
Comment
We can open buy is the price will hit $1484 -$1487
That area is accurate for buy entry?
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I recommend Buy at $1486 - $1484 if the price will hit that area.

snapshot
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2nd accurate entry place will be after a break out of $1495

snapshot
Comment
2 scenarios where we will open accurate entry

1. If price will do a pullback down to $1484 -$1486

2. After a break up $1495

snapshot
snapshot
Comment
GOLD buy at $1496
S/L: $1493.61
Trade active
Comment
2ns scenario is working

snapshot
Comment
who hold GOLD with me?
Trade closed: target reached
Price rose up 60 pips. close 30% of the position
Comment
T/P1: $1514
T/P2: $1533
Trade closed: target reached
I closed biggest part of my position at $1503

Will reopen buy if the price will retest $1496
Comment
new idea:
GOLD, price close to key level where we can re open buy
Chart PatternsForexGoldgoldforecastgoldtradingTrend AnalysisWave AnalysisXAUUSDxauusdforecast
Yuriy_Bishko
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