Low risk buy idea, Target 1920 for Gold

Hello traders, XAU/USD has dropped significantly for the last couple of weeks.
However, things could change pretty soon and we can witness a reversal in
Gold. US dollar seems to have peaked for now.

In the daily chart, the area around 1810-1820 is an important level. So, if Gold
drops to 1810, opening a buy trade in Gold@1810 with SL below 1795
and TP at 1920 would be a potential long trade with great risk:reward ratio.

註釋

So far looking good, price holding above the demand zone

註釋

400 pips up from my buy zone

交易結束：目標達成

Target reached. A huge 900 pips gain

MarcellusLUX