Buying Opportunities in XAU/USD - Fri, Nov 25, 13:41pm. #1 Limit Buy Filled Fri, Nov 25, 21:22pm. Moved #2 Buy Order to market. Filled @ $1747.68. Fri Nov 25, 22:08pm. Moved Stop to $1748.50 Mon, Nov 28, 19:57pm. Stopped Out @ Break-even Mon, Nov 28, 22:4
The rebound from Wednesday low of $1726.54 hit a high at midday at $1761.11 and is seen pulling back. The idea is to first closed out the latest long positions taken on Nov 18 and reposition them at lower levels at the 38.2% and 50% retracement of $1726.54 to $1761.11.
TRADE IDEAS
#! Limit Buy @ $1748.00. Order Filled Fri, Nov 25, 21:22pm.
#2 Limit Buy @ 1744.50. Moved Order to market. Filled @ $1747.68. Fri Nov 25, 22:08pm
Stop @ $1736.00. Moved to $1748.50 Mon, Nov 28, 19:57pm.
Target @ $1785.00