Tuesday, November 27, 2012

Gold XAUUSD H4 Update + Trading Plan Idea

 As I wrote in the previous post:

Rationale:
I'm bullish on Gold due to the fact that wave 3 hasn't been finished yet.
Entry:
Buy Limit @ 1747, 1743 and 1738 (former support)
TP: min.1772
SL: 1735 ( if price move below that level my EW count will be invalidated)
R/R: 2:1

Take care,
Seb


Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/gold-xauusd-h4-update-trading-plan-idea_27.html

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