Time for Price Action : long Gold

Going long Gold (XAUUSD) on a Price Action signal. We have a bullish engulfing candle on an important support level at 1210. Going long, with a stop placement below the previous low. Risk is kept limited at 1% of my account, and since I am aiming for 1283.67 we are close to a 1:3 ratio. As I have explained in previous posts, due to mostly ranging markets, I will shift my trading style to a more versatile and hybrid strategy also based on pure Price Action. I will be trading on a separate account whose performance I will entirely share just like my other one using Myfxbook verified performance.

Long gold

Long gold

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