Gold (XAUUSD)Short
Gold may reverse soon
Gold has been rising for days without any significant setbacks. It is noticeable that the volume is clearly decreasing.
Against the background of accelerating inflation, it can be assumed that interest rates will rise again soon.
Against this background, the opportunity to open a short position with an RRR of around 1.7:1 opens up.
Against the background of accelerating inflation, it can be assumed that interest rates will rise again soon.
Against this background, the opportunity to open a short position with an RRR of around 1.7:1 opens up.
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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.