Gold has a higher chance of continuing the correction.
I don't hold short positions overnight, and especially not over the weekend. So this is a one-day trade.
I’ll only be looking at long setups if gold breaks above the previous high at 3167. Until then, no longs for me.
I don't hold short positions overnight, and especially not over the weekend. So this is a one-day trade.
I’ll only be looking at long setups if gold breaks above the previous high at 3167. Until then, no longs for me.
Trade active
The trade is still active; I've moved the stop higher.Looks like a final push before the drop. We'll see.
The price is currently hitting strong resistance around 3130.
Trade closed: target reached
I'm closing my position. 3025! That's enough!
+2.41%
Let the weekend begin!
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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.