XAU SELL - Previous BOS at 2495-2505, Potential Waterfall- 2470
Updated
BOS at 2496 on Sep 3 – Testing Key Zones
Entry Points: Entered at 2498, 2500, and 2506 as the price action hit a Break of Structure
Buy Zone Touched: The market retraced into the key buy zone around 2470-2475, showing strong support in that area
Rebound: After testing the buy zone, the price moved back into the 2490-2500 range, where I expect a continuation to the down.
Target Profits (TP): Watching for potential exits at 2490, 2480, and 2470.
Stop Loss (SL): Positioned at 2513 to manage risk.
Entry Points: Entered at 2498, 2500, and 2506 as the price action hit a Break of Structure
Buy Zone Touched: The market retraced into the key buy zone around 2470-2475, showing strong support in that area
Rebound: After testing the buy zone, the price moved back into the 2490-2500 range, where I expect a continuation to the down.
Target Profits (TP): Watching for potential exits at 2490, 2480, and 2470.
Stop Loss (SL): Positioned at 2513 to manage risk.
Trade active
Only first entry active as off now.Comment
Start taking some profits as we approach 2492 zone, and set SL at Breakeven.
#GOLD
Trade active
Second layer active now at 2500Trade active
Third and Final layer active now at 2506, this is the last entry. Hopes it waterfalls from here..Trade active
#HOLD #HOLD #HOLDTrade closed: stop reached
We will make it back guys.Disclaimer
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