This is an idea, please do not copy or enter a trade because of my idea. I personally think long term gold will go short but we see a possible scenario to move back up
Trade idea I’ve taken. Take trade at own risk. Just advice Once long his in 15 pips profit move sl to entry.
Remember this pair ATR = >160 PIPs So be careful with SL's Lots of news next week to be published lets see how the GBP performs. My entry 1.695 TP 1.762 SL 1.685
My entry will be 49.2 TP1 47.7 TP2 46.2 Guys watch DXY as well it should bounce back up. I predict there will be some sort of pull back next week. Looking likely to be Tuesday based on BOJ decisions.
Im Currently in as a short looking to buy. shorted at 20.2 looking for it to touch 18.6 it is in need of a retrace. i will buy straight. keep you updated in a weeks time
Shorting Silver almost ready to give up depending on how US plays next week i expect USD to bounce back and Silver to drop. good luck hope this helps lets make money!
Looking to enter my short and close my long most likely depends on Oil and DXY will see how they all behave in the coming month. Likely for DXY to go lower than current DXY (possibly 92) good luck with trading It's my first post look forward to feedback.