Nice 1:10 Risk:Reward Sell on Gold!
Updated
Gold approaching a potential resistance level at 1869, which lines up nicely with weekly highs and trendlines. Trade technically invalid if breaches $1870 but added 12 pips to sl incase of wide spreads should the trade trigger during illiquid times. 200k FTMO 1st trade
Trade active
trade triggered. Tapped $1870 by less than 2 pips so not too concerning but time will tell. Trade valid if we get a close today below $1870, and for price to respect this high next week, before selling off monday london and new york session, and then melt on tuesdays CPI release before potentially rebounding back up. Lets see
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.