Strategy - Spot gold and Spot Forex

Trading Systems Free Forex Trading Systems
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long-term commercial :slight_smile:

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Gold price analysis by Donald Nguyen, for next week.
Target : 1264 USD/oz
Sell limit: 1305-1307 USD/oz
Stop loss: 1317 USD/oz

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Target in day : 1305 USD/oz

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I have a pending order for gold @ 1298.46
Take profit 1320 stop loss 1284.97
I think we may see a sharp swing to the upside

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What happend to this thread ?

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D1 CHART - BULLISH
M30 CHART - BEARISH

I decide to go long @1300

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[QUOTE=“leonlee0116jl;619089”]<img src=“301 Moved Permanently”/> <img src=“301 Moved Permanently”/> D1 CHART - BULLISH M30 CHART - BEARISH I decide to go long @1300[/QUOTE]
I went long on this pair as well take profit at 1322

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wow 1322! I’m new to spot gold and starting to analyse it. I just close @1302 +200pips .

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bearish Butterfly formed on M30 CHART.
Still considering to go short.

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I already closed my long & went short take profit 1303…92

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What is your stop loss for short?

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[QUOTE=“leonlee0116jl;619262”] What is your stop loss for short?[/QUOTE]
No stop loss on this trade but if it breaks 1311 again I will close in trading a small lot so I’m not worried

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Gonna go long after price cross up Ichimoku Cloud.

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I think gold target 1325 USD/oz in day ! :slight_smile:

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WOW! long 1325 ! But i went short to take a little profit

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Once the price cross up Ichimoku Cloud, i think it is possible to go long.

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GOLD M30 CHART

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Gold broke 1324 but fails to stay up there for long
USA jobs report and import prices where positive

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Hmm i’m not clear about how news affect gold.
If it is high impact news and results is bad, GOLD UP or DOWN? What if the news is good, GOLD UP or DOWN?

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[QUOTE=“leonlee0116jl;619876”] Hmm i’m not clear about how news affect gold. If it is high impact news and results is bad, GOLD UP or DOWN? What if the news is good, GOLD UP or DOWN?[/QUOTE]

Simple my friend if the usd reports are negative in most cases @ least 80% of the time gold will go up , if usd reports are good then gold will take a tumble , especially during fomc minutes or when miss Janet yallen is speaking

I’m trading XAU/USD gold vs usd

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[QUOTE=“Libertysilver;619878”] Simple my friend if the usd reports are negative in most cases @ least 80% of the time gold will go up , if usd reports are good then gold will take a tumble , especially during fomc minutes or when miss Janet yallen is speaking I’m trading XAU/USD gold vs usd[/QUOTE]

Any body in any trades ??!???

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So does this concept same as other currency pair?