Somewhat agree with this chart. My target is 1926. I already closed one position 1882 to 1895. I have three more positions and wanted to close at 1926 with Net profit.

As I mentioned bearish targets so both targets are achieved today and now long position target for H4 time frame is 1986. Let’s see if price jump to that level next week or not. Bearish targets are not only achieved but there was also good rebound ...

Current price @1934 My H4 time frame is telling me that price is gonna hit 1945 level next week. Today is not enough time fore this quick reaction so I am holding my long position with target of 1945.

M15 Bearish Target has been hit @1945 but price is holding for a moment at 1938 and H1 bearish target @1926 is not achieved yet. H4 time frame is giving signs of bullish move because MA's are showing oversold price. Lets see if price hit H1 bearish ...

Initially PA missed my R2 pending order and price is stuck between PP and R1. I grabbed some pips and adding new position because it looks like PA lost Momentum and Market is returning to its original pattern/behavior until some news comes from ...

Thanks. Now question is that how do I know that how much will be rebound? Is it going to complete another cycle or not? My methodology is different for setting Take profit. I am giving an example of above posted scenario. I have two bearish target ...

XAUUSD Here are three different time frames and their targets. Current Price - 1950 M15 - Bearish 1945 H1 - Bearish 1926 H4 - Bullish 1986 It means price is gonna fluctuate between 1926 and 1986. So i have setup pending orders at Target prices ...

First of all, i wanted to say thanks to robots4me and parisboy for introducing this thread and then replying all my questions. I used this method to trade in Gold and getting confidence day by day. I opened this live account since January and i had ...

Last trade was from M5 and now this trade is on M1.

I caught nice movement when MA showed me overbought situation right at verified resistance.

Closed all positions before London session bring some surprises.

Here are different target prices in different time frames. Current Price of XAUUSD is 1978. M5 target price (short) is 1973 and 1970 M15 Target price (long) is 1982 M30 No Target price H1 Target price is 1980 which is already achieved. H4 Target ...

While holding short position in H4 time frame, i got small scalping opportunities for long position in M5 time frame so i took it.

So far NY session disappointed me. There is not much action. I only have one pending order (short position) activated.

Looks like price is rebounding. I have one short position. PP (white line) is my target

Asian session was good

Another successful use of target price(Yellow Line)

As usual i setup 3 pending orders and third pending order is at/close to yellow line. Closed three positions in net profit. I should have close the positions at Blue line MA but i decided to close with 60% retracement.

My pending orders are survived and closed in Net Profit. Performance of Friday in GOLD is here.

As i suspected that PA will show some unexpected behaviour. Price went up and came down and then again up. My pending order got activated but i closed very early with small profit. Again i have to work on my patience level. Actually i had doubt that ...