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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.