17.5 pips to catch on XAU/USD

I am looking for a Quick Buy on XAUUSD

I Entered this trade on 1287.0

I am looking at a crossing of the 14 EMA & the 50 EMA lines to the upside on both the 15 Min & 4 Hour Timeframe

I only plan to catch somewhere around 17.5-18 pips on this move

Will further analyze this pair again once i reach an area of resistance around where my TP is set at 1310.0

Kommentera:

*Update*

Price did not quite reach predicted TP and is looking like a reversal to the downside now on the 15 Min chart.


I have already taken profits for this trade.

Trade stängt: målet nått