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Gold Spot / U.S. Dollar
Long
Updated

DCF Bets: XAU+5/USD-6

70
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
CGE_Trading
Chart PatternsTrend AnalysisVolatility

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.
Chart PatternsTrend AnalysisVolatility
CGE_Trading

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.