Noldo
Short

GOLD may test 1400 levels.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
We are in a good place in terms of risk / reward ratio in precious metal : Gold .
Average forecast value of investment banks' anaylsts in 2019: 1314 .
We've been a long way from these values for a while.

I am of the opinion that the short position under the influence of such a risk / reward ratio should be tested together with the following parameters :

Risk/Reward Ratio : 1/3
Position Size : %1
Stop-Loss : 1483
Goal : 1400




Nov 23
Trade active: I'm sorry, I noticed now, fortunately markets are closed.
Stop-loss doing glide on chart.
So I'm updating my stop-loss script with the correct parameters and updating the analysis parameters:

Risk / Reward Ratio : 1/3
Position Size : % 1
Stop-Loss : 1486.5
Goal : 1389.75
Dec 10
Trade active: Our analysis continues.
As we break down the 1450 levels, we're more likely to hit the target.
Autonomouscript is updating for signal quality optimization.

It will likely be released as a new script.
Under Construction ⏸

Comments

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