Gold is in an interesting spot right now (pun intended). With an overall bearish trend, I am looking to add it to my short position at 1286.28. After price recently broke through that level, i believe it will come back and retest that level. With the 14 EMA cross a reliable trend that has held up very well, this seems to be a promising trade.
Note
Gold has hit the TP, a very profitable, bookish trade that we were able to get decent pips out of.
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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.