Sell Gold with stop loss above $1928 (closing basis) with a target of $1840 to $1780 downside. This is fo educational purpose only.
Note
Gold made a low of 1852 today, one can cover 50% or more short position here and as per risk appetite wait for second target of 1780. However, there is a possibility that gold can recover upto 1890 before going further down.If your risk appetite is low you can put a trailing stop of profit booking above 1890 closing basis for balance short positions.
For educational/demo purpose only.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.