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priceactionTR1
Apr 19, 2021 1:22 PM

XAU USD long idea as DXY comes back Long

GoldOANDA

Description

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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