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XAUUSD Gold Trade Idea TL Breakout And Short Opportunity Update: Target Reached 600 pips

XAUUSD Gold Trade Idea TL Breakout And Short Opportunity

Published: 07-13-2018

Pair / Instrument: XAUUSD GOLD

Time Frame: H1

The trend in the Timeframe:  BEARISH

The trend in the Daily Chart: BEARISH

Description: 1248 resistance is working well. XAUUSD GOLD  broke below the short-term trend line. A bearish move is predicted.

Trade Based On:  Breakout Chart Pattern

Accuracy: %90

Trade: Short

Entry: 1243.56

Stop Loss: 1246.30

Take Profit 1: 1237.50

Take Profit 2: —

Extended Target: —

Notes: —

Update 1: Trade reached the target. We close with 600 pips.

Link to follow the chart and idea: XAUUSD GOLD TRADE IDEA

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

XAUUSD Gold Trade Idea:  Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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