To be honest, I lost this trade.. I stop out before the price eventually goes down. Fear is one of the reason why this trade failed. Trading USD/ZAR and Trading Gold (XAU/USD) are difficult for Me because of the wide spread and fast movement. Trading USD/ZAR and Gold is like riding a fast race car, one mistake and whole account can be blown up.

  There is nothing wrong with the setup, but trade have to be executed with confidence and proper money management.

 

 

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