GOLD Price has a breakout that below Support Level

XAUUSD has broken the Support Level and Up-Trendline in H1 chart,
In my trading view, I will place a Short Order that below the Support and put Stop-Loss above near Resistance.

Giao dịch đang hoạt động:

1:50AM, April 18th 2019
I've added 2nd position, after GOLD had broken new support level, and put new stop-loss above new resistant level and above short-term up-trendline

Bình luận:

Gold Price is coming back to the Old Support Level. However it's still in short-term Downtrend. In my trading view, going Long is a bit dangerous. Instead of this, I add a small position for Short and still put a Stop-Loss above the Resistant Level (Stop-Loss 2)

Bình luận:

April 22nd 2019, 1:25 AM
Gold price is reaching to the Old High. It's good time to pick top for Short. However, in my trading system, this point is a little dangerous due to the short-term downtrend can be ceased (but it's not a clear signal for trend reversal).
I will waiting for next trend before adding more position or getting out.

Bình luận:

Chart, April 23rd 2019, 00h30AM
Gold have reached New Low that since late-Dec 2018. In my trading system, I lower the Stop-Loss near the new Resistant Level and, maybe wait for next breakout.

Đóng lệnh: dừng lỗ:

All my positions are exited due to Gold price reach to stop-loss
I take profit in 1st position and a small loss in 2nd position.