Gold & Silver | Buy Orders | Market Entry | May 2019
Gold & Silver | Buy Orders | Market Entry – Buy Orders with Entry / Stop Loss & Take Profit levels.
Markets: Metals | XAUUSD & XAGUSD
Gold & Silver have been unfolding within bearish corrections throughout the second quarter of 2019.
The previously published “Metals BUY Orders – XAUUSD & XAGUSD – Bullish Impulses | April 2019” article provided either beak-even trades or slight profit.
As Gold & Silver continued unfolding, structures became more obvious, hence the reason why a daily picture was painted with the “Metals Trading | Elliott Wave Structures | Q2 2019” article.
Metals | Quick Analysis
Precious metals XAUUSD & XAGUSD are located at significant supports, with a dominant probability for the trends to commence a bullish momentum.
Fractal TIP!
The pattern from 16-08.2018 until 13.11.2018 is repeating.
It can be noticed intraday on current charts, from 23.04.2019 until 16.05.2019 (today).
Metals | Gold & Silver | Buy Orders
XAU/USD – 2H Chart (picture)
XAU/USD – BUY Order
- Aggressive Entry @ Market Execution (approx. 1282.00)
- SL @ 1265.00
- TP @ 1310.00 / 1320.00 / 1335.00 / 1345.00
XAU/USD – 2H Interactive Chart
XAG/USD – 2H Chart (picture)
XAG/USD – BUY Orders
- Aggressive Entry @ Market Execution (approx. 14.60)
- SL @ 14.20
- TP @ 15.10 / 15.40 / 15.70 / 16.00 / 16.15
XAG/USD – 2H Interactive Chart
Safety Measures:
- Moving SL to beak-even when in the green.
Comments ( 2 )
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(May 16, 2019)XAUUSD – Daily Chart – Fractal Pattern!
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(June 6, 2019)XAUUSD – Targets Reached!
XAGUSD – Bullish Leg Still Pending