This is my own simplified view on XAUUSD.
Am expecting XAUUSD to start drop from 1879 down to 1870, or it might pull up abit to 1880- 1884 before dropping down.
once price gets to 1870 if the support hold expect a pull back to the upside, but if the support at 1870 breaks expect further move to thee downside probably to 1860.
am targeting just 150pips on this short set up
stay tuned to this feed for live trading updates and signals.
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
Am expecting XAUUSD to start drop from 1879 down to 1870, or it might pull up abit to 1880- 1884 before dropping down.
once price gets to 1870 if the support hold expect a pull back to the upside, but if the support at 1870 breaks expect further move to thee downside probably to 1860.
am targeting just 150pips on this short set up
stay tuned to this feed for live trading updates and signals.
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
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IN PROFIT
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+20PIPS IN PROFIT
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PRICE PULLED BACK TO ENTRY
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CLOSE TRADE IN LOSS
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WAITING FOR CONFIRMATION ON SMALLER TIME FRAME
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second entry triggered
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dropping nicely +50pips
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take partial profit. move stoploss to entry.
ENTRY 1877.20
STOPLOSS 1880.20 (30PIPS)