XAUUSD Trade Idea Jan/03/2020 @ 12:07 AM PST

2020年1月3日

Disclaimer: Take at your own risk. This is a trade idea. Past performance does not ensure future results.

Candle needs to close above the Equal High/ Equal Lows.

Used Fibs to get levels and also matched with previous highs for potential TP.

2020年1月3日

註釋

When in profit, remember to place SL to BE or BE+2 pips

2020年1月3日

註釋

Gold Hit TP1. Put stops in profit

2020年1月3日

註釋

Gold Hit TP2. Put stops in profit.

2020年1月3日

交易結束：達到停損點

Stop Loss in profit hit. This was a Resistance level on Sep/03/2019 @ around 4PM PST.

2020年1月5日

註釋

Weekly Trade Idea Review:

This trade idea had an effective SL. Although in-profit SL was hit, the overall SL was not hit and TP3 is really close to be hit. Once market opens up again, will create another set up. Note: it is better to have an in-profit SL. Never let a winning trade become a losing trade.

Given the news about US and Iran/Iraq, there is a high possibility this will gap up with a significant amount and will go up even more to a weekly resistance of 1564.54.

Let us hope for peace in these turbulent times.