Potential 1HR Accumulation for XAU/USD currently. I've inserted two positions, one has a risk reward of 1 : 3.16 and the other is 1 : 5.09 and targets the weekly high. We are also within a symmetrical triangle and have h=had our spring / manipulation from a previous demand zone.
Trade closed: target reached:
What a gorgeous trade both positions hit TP within 24hrs and we didn't endure any drawdown was pretty much a perfect trade. I could have extended my long target further aswell but 5.09 RR was good enough for me. Aswell as the 3.16 RR shorter target.