Short Term SELL on Gold XAU/USD

1 нояб. 2019 г.

On a 5M (Scalping Timeframe)
There appears to be a Short Term Descending Trend Line on Gold, I have placed Stop losses behind this and a 1H Descending Trend Line

7:1 Risk to Reward

1 нояб. 2019 г.

Заметка

I will close this position out before market closure to avoid any unexpected gaps upon opening Sunday evening.
I will re-asses the chart upon opening and potentially re open my position dependant on the price action and candle behaviours

1 нояб. 2019 г.

Заметка

Stop Losses have been removed and trade placed into a hedge with a 20% additional sizing towards Long due to the market closing soon