Bear Case of Gold (short term)
Given financials showed signs of life and if DXY bottomed, there will be a double kill to gold in short term. I would use 2018 for trigger to short.
Note
80% out. Half gain goes to long. Still think this is short term.
Note
80% out. Half gain goes to long. Still think this is short term.
Note
Out of all puts. Only left call spread / call on the table. Feels like if this week print a bearish engulfing, next week good chance to test 0.5 fib; otherwise, no engulfing which means this week needs to close above 185.05. So long this week spread plus next week calls.Note
Closed all. Overall small gains as last week spreads had some loss. Longer term more upside imo, short term may wait a bit to see if there is a better entry. Currently is touching top of hourly channel.Trade closed manually
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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.