GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

GOLD GOING TO 1077 - WEEK, 750 - YEAR, 1090 - LATER

4 November 2015, 16:24
forexintel
0
68

I was expecting a retracement to 1170 before the gold price went down, hence entered a BUY order last Friday with a stop loss near that day's low. https://www.mql5.com/en/blogs/post/653220. As i was travelling for two days, couldn't check the prices, but saw the prices well below that stop loss today. As i saw the possibility of a retracement to 1160 at least, entered two BUY orders again with 0.1 lot size each. It got triggered again with around $200 loss. I have again entered another two BUY orders with 0.1 lot size each. This would be last attempt, but not entering a stop loss, as i am going to watch the gold price movements for the next hour or two to close the order, if the gold price continue to go down.

 

 

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