Gold seems holding strong support around 1236 s that was strong Resistance and if today closing above 1244 then next station 1265-1270 level
take small risk
below 1000usd trade with risk management alert
buy Gold cmp 1246 0.02 lot size and set 0.01 as pending order at 1237 both sl 1228 and both tp 1265
Komen
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simply trade 110 pips Green advice to move sl at cost small trader can enjoy 110 pips
Komen
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1260 cheers wait for tp
Komen
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Gold tp already done
now trading 1251-52 level it can bounce again from current level or from 1244-45 level Still strong support at 1238 breakage of 1238 may call for 1218-1222 if hold 1238 we can see again 1268-74
What about RSI? it's overbought on different TFs? should I close long and wait for lower entry?
Salmanmemon786
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@TamerFawzy, what lot size you following? you must close half and move half lot size sl at cost and stay risk free as in forex you must be good risk manager