I believe Gold has broken a Head & Shoulders Pattern and we can see move bearish movement from here. This could also mean DXY ascension is not yet finished.
Not sure if it is worth to take any short position though... Notice there is a valid Cypher pattern and, if market decides to complete it, the price may fall to as low as 1125 area.
This movement does not cancel the bullish run and we should see Gold going to 1,400 area by next year
تعليق
Moving towards the target value
أغلقت الصفقة: تم الوصول للهدف
I enter a long position now although gold may go lower. Buying at current price, SL: 1069, TP: 1450
تعليق
Longs at breakeven. I think I will close it at 1250 as the alternative variant becomes more and more evident
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.