TradingView
Noldo
Nov 13, 2019 6:56 PM

XAUUSD : Unfortunately seen late ! Short

GoldOANDA

Description

After updating the program to the last I saw that the signal came about 1 month ago.

If we opened this position the next bar after the signal, our head would be much more comfortable.
There is a distributional buy signal at the moment, so it is possible that the pair will move up slightly.
I'm sharing it for the sake of not forgetting.

Stoploss : 1523
Target : 1271,63 ( 1314 may be upper short position entries )

Updates will come.



Comment

The risk / reward ratio of the analysis is 1/3.

Comment

I stand behind my idea, but with the support of USDJPY pair, our short peak may become more profitable.
Because the USDJPY has another little up target to go.
(Note: The price movements of gold and USDJPY are 94% correlated) :
More