XAUUSD, does this 4th inside 4hr still worth trading?
Updated
XAUUSD has broken 4 inside 4hr bars to the upside consecutively.
At the same time, the DXY is in a beast mode as NZDUSD leading the slump, so XAUUSD also shows great relative strength among the non-USD currencies.
Accordingly, my answer to my topic is a definitely YES!
1277.5 entry with a 1274 out, 1st target @ 1281 (1:1 to the risk to take half of the positions off)
Let's see how it goes!
At the same time, the DXY is in a beast mode as NZDUSD leading the slump, so XAUUSD also shows great relative strength among the non-USD currencies.
Accordingly, my answer to my topic is a definitely YES!
1277.5 entry with a 1274 out, 1st target @ 1281 (1:1 to the risk to take half of the positions off)
Let's see how it goes!
Note
got the 1st kick @ 1281
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