Gold short opportunity - RISKY
Hi Traders,
Having been a by stander for the last 4 weeks I think now would be a good time to possibly have a shot at shorting gold.
RSI is also above 80 on the daily chart.
After a potential double top and touch of the upward channel line this would be a good risk to reward with 5 targets set out below.
This is not a quick trade, or at least it shouldn't be.
Catalysts for this move:
War ending
Rates increasing
US10 yr yield increasing.
This is a very risky trade considering the market at the moment.
Please us caution.
Having been a by stander for the last 4 weeks I think now would be a good time to possibly have a shot at shorting gold.
RSI is also above 80 on the daily chart.
After a potential double top and touch of the upward channel line this would be a good risk to reward with 5 targets set out below.
This is not a quick trade, or at least it shouldn't be.
Catalysts for this move:
War ending
Rates increasing
US10 yr yield increasing.
This is a very risky trade considering the market at the moment.
Please us caution.
Dagangan aktif
Add shorts:
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.