Considering the bearish sentiment in gold today, and the successful breaking out of yesterday's New York session low, we'll take a short position. Our initial target is a 1:1 risk-reward ratio, followed by a 1:2 ratio after securing some profits.
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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.