Gold Spot / U.S. Dollar
Long
Updated

Gold - off we go - Does Patience Pay?

1787
This is a good example of just being patient - our H4 close triggering the signal was borderline - i.e. it was sat literally on our moving average - we told our members NOT to buy then - we needed more confirmation.
We then got a bullish wick rejection candle on the last H4 close - again closing albeit marginally above our EMA - we have green (Long strategy inline) candles in play and we made a new high - lets enter now.

Our last sell hit 300+ pips profit.

Patience literally pays.

Regards
Darren
Note
SL hit. Earlier sell if it was still open hit all targets - with strong risk management and profitable expectancy we move on.

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