Low risk buy idea, Target 1920 for Gold
Hello traders, XAU/USD has dropped significantly for the last couple of weeks.
However, things could change pretty soon and we can witness a reversal in
Gold. US dollar seems to have peaked for now.
In the daily chart, the area around 1810-1820 is an important level. So, if Gold
drops to 1810, opening a buy trade in Gold@1810 with SL below 1795
and TP at 1920 would be a potential long trade with great risk:reward ratio.
However, things could change pretty soon and we can witness a reversal in
Gold. US dollar seems to have peaked for now.
In the daily chart, the area around 1810-1820 is an important level. So, if Gold
drops to 1810, opening a buy trade in Gold@1810 with SL below 1795
and TP at 1920 would be a potential long trade with great risk:reward ratio.
Nota
So far looking good, price holding above the demand zoneNota
400 pips up from my buy zoneTrade chiuso: obiettivo raggiunto
Target reached. A huge 900 pips gain
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Declinazione di responsabilitÃ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.