Taking a punt and shorting XAUUSD at 3364.05. Stops above highs of 3375.
Pure Punt based on a somewhat supply zone formation on 1h,2h,4h.
Risk management is key on this one, any breakout will take out 3403.65.
Pure Punt based on a somewhat supply zone formation on 1h,2h,4h.
Risk management is key on this one, any breakout will take out 3403.65.
Trade active
Pure gamble this one, fundamentally, lot of chat around possible new wave of tensions between US-Iran. If this news holds true, then we will be taken out of the short and breakout above $3403.65. However, if Trump does 'TACO' we will see some sell off in Gold. Lets see. Risk management is key!Note
Still in this trade... price did try to creep up but looks to be ranging. Hoping for a pull back to 3356ish... lets seeTrade closed manually
Closed this short, at 3345,,, looking for a long set up soon. Great trade
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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.