priceactionTR1

XAU USD long idea as DXY comes back

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
stop is daily close.
Comment:
so looks like we finally have a break out, but actuall I expect one more touch to the consolidation :
Comment:
More interestingly, once again, we can confirm that as people are trying to hedge influation, they're changing their preference between XAU/USD and BTC/USD :
Comment:
if we zoom in, here's the possible retrace points :
the green band,
the red line below it.
Comment:
this level should hold and wont let us go below 1808 :
Comment:
update :
Trade closed: target reached:

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