Hello fellow traders and investors,
Gold has hit our daily channel resistance and the candle showed a powerful rejection after that last night. Yet this still remains risky, like any other counter trend trade. Therefor we advice you not to risk more than 2% on this short.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
Gold has hit our daily channel resistance and the candle showed a powerful rejection after that last night. Yet this still remains risky, like any other counter trend trade. Therefor we advice you not to risk more than 2% on this short.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
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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.