XAUUSD-Gold - Short Entry

Gold is still moving within range of 2020-2030 from few hours. Here is my short entry atm... Be careful to enter in trade.

SL: 2043
TP1: 2016
TP2: 1996

It has touched it day time high 2038 in Asian market and hopefully it will retest 2000 area as well.

Note
Please never follow anyone blindly and always remember following key points:

1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future

Thank you and Good Luck!

Yorum:

Its still trying to break 2020 area and if it breaks then first target will be 2016 or more. Lets wait for the downfall.

Yorum:

So gold is ready to break 2020 and then it will hit our first TP...atm 2023 is main support which should be break asap then our first TP. After 1st tp set your SL in profit and wait for 2009 area... may be it will retest 2002 again and then retrace till 2009 and then down to our final TP. If this chart and entry was good then please boost and share. Best of luck

Yorum:

First target achieved and if you want to close your trade its up to you otherwise you can set your stop loss in profit and wait for the close of this candle. Hopefully it will retest 2000 area very soon

İşlem kapandı: hedefe ulaştı:

Sorry for late updates.. Trade was closed after 1st target was achieved.