DCF Bets: XAU+6/USD-5
Updated
Today offers a strong opportunity for a long bet on XAU+6/USD-5 with a risk-to-reward ratio of 1:3. XAU is currently benefiting from a positive capital flow, while the US dollar has weakened since yesterday.
I have set a limit order at the start of XAU's demand zone, which will expire by the end of the day/week at 23:00 GMT+2.
I have set a limit order at the start of XAU's demand zone, which will expire by the end of the day/week at 23:00 GMT+2.
Comment
NEWS Release Today (Volatility)- 14:30: USD Producer Price Index ex Food & Energy (YoY)(Jun)
- 16:00: USD Michigan Consumer Sentiment Index(Jul)
Daily Capital Flow: cgetrading.com
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