XAUUSD : Unfortunately seen late !
Updated
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.
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.
Note
The risk / reward ratio of the analysis is 1/3.Note
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) :
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