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QuantumLogicTrading QuantumLogicTrading XAUUSD, D, Long ,
XAUUSD: LONG GOLD - STRAT TRADE: 99.7% PROBABILITY OF REVERSAL
507 4 10
XAUUSD, D Long
LONG GOLD - STRAT TRADE: 99.7% PROBABILITY OF REVERSAL

Long XAUUSD: 1. Based on the last 16yrs of daily close data (since 01/01/2000 to date) XAUUSD has a cumulative probability of a =>7th day lower at 0.3%, hence there is a implied 99.7% chance of reversal on the daily. 2. Technically there is also some nice structure about the 1250 level. 3. Fundamentally I think risk is priced very cheaply here, although ...

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