#XAUUSD #GOLD

All right, so here are my thoughts on gold today.. 2 long positions with total loss of 700 pips (7$ with 0.01 lot), and the take profit will be depending on the chart behaviours.. Let's see how it will go..

Note

1st position on profits.. +500 pips (risking 200 pips)

Note

+3300 pips.. That's 3300$ risking 200$ with 1 lot :)

Note

+4400 pips..

Note

+4800 pips.. What a 1:24 risk reward :)

Trade closed: target reached

This trade is over.

Note

Missed 2nd position entry price by 100 pips (entry price was at 1900 and gold kept falling to 1901) then it rallied up to over 4000 pips..

Alaa67

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.