Buy Position (REWARD 9) opportunity on GOLD 1H

Updated
XAUUSD

As you can see
Gold is on a important level on weekly time frame.
Which could hit the last ATH and then rest for a few weeks/months.
So that now we can take a Buy Position on 1H time frame to the new ATH (Minor Extreme mentioned as EX.i).

Its Reward to Risk is about 9 to 1, But it's better to save some profits after Reward 2-3 and higher.
In other words, the more rewards we get, the less position size we should have.
Make Sure You Have a Good Partial Exit Plan.

"KEEP CALM & OBEY YOUR PLANS."

I will update Bitcoin regularly.

Happy trading..
Cheers,
Aurio

#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC BTC
Note
Update: Reward 5.6 Achieved. :)
Trade closed: target reached
buyopportunityEconomic CyclesForexFractalGoldMultiple Time Frame AnalysispriceactionsignalsmartmoneySMC

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