Today offers a strong opportunity for a long bet on XAU+6/USD-5 with a great risk-to-reward ratio of 1:5 or better. 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.
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