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Gold Spot / U.S. Dollar
Long

DCF Bets: XAU+5/USD-6

By CGE_Trading
Updated
The current market conditions offers a huge opportunity for a long bet on XAU+5/USD-6, as a bear trap has emerged aligned with capital flow, moving above the 10 EMA and 20 SMA. This indicates that sellers are liquidating their positions, which will resume the upward trend. I plan to maintain my position as long as the price stays above the 10 EMA.

Learn more about my strategy here:
Trend Strategy: Liquidity with DCF
Note
Pushing higher! 🤑
snapshot
Trade closed: target reached
Time to exit!snapshot
Chart PatternsTrend AnalysisVolatility
CGE_Trading
Daily Capital Flow: cgetrading.com
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