ill-boy000

XAUUSD (GOLD) LONG - FORGOT TO POST YESTERDAY

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Worth noting that EURO moves in tandem with GOLD (XAU) quite closely. Euro is sitting at a strong weekly liquididty zone, buyers are pushing it up even tho intraday says sell. It's worth backing the big movers and working off a larger time frame. Increasing sl and tp / reducing reward to compensate for what could be a bit of sideway market movements.
Dollar has taken our the block of orders and it retesting the underside of it, this implies large buyers are out.
Will touch base when there are further developments but for now, set and forget the trades, leave to run. If trades hit tp we'll do a video on the analysis so you can see first hand why we changed our view
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