Gold Spot / U.S. Dollar
Long
Updated

GOLD Breakout Done , Long Setup Again To Get 500 Pips !

10 518
Here Is My 15Mins Gold Chart and this is my opinion , after we entered yesterday from the lowest place we can and the price finally break the last week res and now we have 4H Closure above it , we have a very good place to buy when the price go back to retest it again , we already entered yesterday but now we have a good place to buy at area around 4375.00 / 4377.00 the price closed above it and when it back to retest we will enter a buy trade and we can targeting the new res that forced the price to respect it around 4435.00 and we can sell from it also if we have a good bearish price action but now i`m looking for buy setups only to can move with the direction , if we have a daily closure below my buying area then this idea will not be valid anymore.

Entry Reasons :

- Clear Breakout
- Bullish P.A
- 4H Closure
- Res Broke
Trade closed: target reached
The Price Touched Our Broken Res And Our Buying Area @ 4375.00 And Then Moved +450 Pips

snapshot
Note
The Price Touched Our Buying Area And Reached The Max Target By Reaching 4432.00 And Gave Us More Than 600 Pips

snapshot

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