Take profit at ema50 for gold!
XAUUSD: Take profit at ema50
twice our setup failed and got SL.. but, don't despair. We will continue to use the same setup because we are confident with our setup. When the price has run away very far from the ema50, the price will eventually touch the ema50 again. This is bound to happen.. DEFINITELY.. We buy and take profit as soon as the price touches ema50 H1.
I want to see how far the price will go down and run away from ema50 H1, before going up to touch ema50 H1
Nice... ema just touched ema50 M30, but our target is ema50 H1, so, just hold my buy
So, what happen to the price? Can't go far from ema50 anymore??? Just go up and touch ema50 H1... price can't run away from ema50 forever
Third setup failed
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
