Gold is posing short selling opportunity due to an oversold territory, fibbo ext zone and above all a strong psychological barrier of 1300. Risk/Reward is around 4 for the trade. However prudence is required to manage the tp and position.
Trade closed: target reached
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.
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.