GOLD Trades Idea for Wednesday 26 June 2024

26 июн.

DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.

Gold/USD (XAUUSD) Signal For 26 June 2024
SELL LIMIT Order: $2328.92
Stop Loss: $2337.41
Take Profit 1: $2320.68
Take Profit 2: $2309.72

Risk per trade: 0.5%.
MT4/5 trade expiration: Today

100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.

Reason
The first-hour candlestick closes below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%.

Trade Review For 25 June 2023
This trade almost ends in full profit! But nonetheless, I am happy with the partial profit as well.

P&L for the month: +0.8R
03 June: +0.5R
04 June: +1.6R
05 June: -1R
07 June: -1R
14 June: -1R
17 June: +1.6R
18 June: -1R
20 June: +1.6R
24 June: -1R
25 June: +0.5R

The year 2024 Trade Results
January: +2.6R
February: -1.3R
March: +0.7R
April: +4.10R
May: +0.2R