The AUD seems to benefit when the price of gold rises, so it’s time for me to get on board. Here’s the AUD/USD buy order I’ve just placed:
Buy: 0.9395
Stop: 0.9340
Limit: 0.9505
Risk/reward is good at 2:1
P.S. If this order hasn’t been triggered by the end of trading this Friday then I might cancel it and look elsewhere.