At the moment of writing XAUUSD is around 1802$ and I just opened a buy position on it. For some reasons obvious in the picture I target the 1850$ area which is a fair target for the position with SL settled on 1790$. It's a 1 to 5 profit.
This move also proves that last high on 1870$ is locked for the couple of mouths ahead. I can't wait to see what's going on with the price.
So, let's see what comes tomorrow.
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