XAUUSD: Gold longs

You can go long at market here, using a stop and target as depicted on the chart.
I updated my last idea earlier today, but this entry is just as good.
If we get a new daily high, you can add to the trade with the same stop loss.
Risk half initially if you're not in.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers!

Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Kommentera:

Reduce exposure to half, if stop is hit it softens the blow, if it works, it's still somewhat good.
Market isn't trending clearly at this point, not the time and place to trade.
Standing aside and reducing risk/widening stops is the best way to go if swing trading.