The current market conditions offer a compelling opportunity for a long bet on XAU+5/USD-3, with a risk-to-reward ratio of at least 1:2. There's a noticeable shift in capital flow today. I've placed a limit order at the start of XAU's demand zone, set to expire today at 23:00 GMT+2. The maximum risk for this trade is approximately 5%.
Ideally, spotting a Bear Trap (a bullish liquidity pattern) forming in the demand zone on the lower time frames would be a great opportunity to stack some extra positions.
For more information on Trap Plays, check this out:
Ideally, spotting a Bear Trap (a bullish liquidity pattern) forming in the demand zone on the lower time frames would be a great opportunity to stack some extra positions.
For more information on Trap Plays, check this out:
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