the_pamungkas

XAUUSD Swing Trading Plan

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Entry price: fibonacci level 23,6% ->(valid if price closes above 23.6% Fibonacci level)

TP1 : 1762 ->fibonacci level 61,8%
TP2: 1881.5 ->fibonacci level 161,8%


SL1: Below Fibonacci level 0% or it can be under strong support 1880
Alternative SL: can be made also at the price of 1675 let the price breathe a little
SL2: you can make a stop loss right at the price of 1600 (previous of Fibonacci 161.8%) or you can make it below


All valid if the price today or tomorrow manages to close above the Fibonacci level 23.6%

or alternatively buy at the price of 1680 it is strong support most likely the price will bounce from there you can set the RR at 1:2 to be safe :_)
good luck!!!
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