On February 26, 2026, a sell trade on XAUUSD was executed at 5195.548, targeting a decrease to 5191.503 with a stop loss at 5198.436. The trade was based on gold’s price rejecting the upper Bollinger Band and a previously supportive level becoming resistance, indicating seller control. The trade quickly moved into profit, allowing for a partial close of +$305.60, with a remaining position poised at +$809.00. Key lessons included the importance of confluence in trading decisions, utilizing tight stop losses to protect capital, and securing partial profits to alleviate emotional stress. Overall, the trade was profitable.
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