XAUUSD
System is designed to cash settle future contracts, therefore,(paper) price will be a function of accounts/balance sheets of opposing bids and not the fundamentals (While Metal physical depository is decreasing, google : Metal physical statistic and see for yourself ). So price doesn't reflect the fundamentals of underlying assets until it does. Cheers
Note
(W): Note
Trade closed: target reached
Trade closed: target reached
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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.