XAUUSD gold according to bearish trend and news around strengthening USD. I opened a Sell order to catch an intraday profit with the TP & SL according to the trend lines.
There is a good return for the Gold uptrend. I guess a 1.5 profit/loss is a good risk management with low volume in short position.
Stochastic RSI shows a continuation of decrease in daily frame for GOLD. The resistance levels shows the optimum TP point.
RSI+SMA cross UP 10Y & 5Y USA bonds retrace after yesterday news Caution!: - Having Stop loss is mandatory - Care of USA NFP hours. ADP shows very bad statistics show probability of decrease in NFP is high. By the way on time of news broadcast be aware of market for take profit on time. - Till the news you can trail stop for maximum profits
Divergence on Stochastic shows changing to trend hourly RSI+SMA20 cross shows confirmation on trend change DXY dollar start to take lowers according to EUR & GBP good economic news & Changing from hawkish speeches of FED You can trail your profit till ADP of NFP news on USA. having stop lost is mandatory due to high movements in these two days