Whilst waiting for the perfect entry of the original idea, I am going to open a short position above the $1950 mark. This is a short time trade, probably looking between the 1-2 day mark.
Comment
Waiting for one more leg up over the previous mark of $1949.6 then I will take up short position
Comment
Big moment here as gold starts to push up towards 1950 mark. If price breaks but doesn't pass 1965 then short is on
Trade active
Opened short position. $76.22 target profit and $12.64 loss
Comment
Not a perfect entry but very good early signs in this trade.
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.