XAU/USD Higher Highs Or Re-bound?
I've covered XAUUSD/Gold repeatedly On Trading View since the extended rally.
The case for Gold still represents a continued bull market with little kickback. Any serious change in sentiment will likely cause this and is required.
Any short entries at these highs must be limited in both size and target. Lighter sizes, earlier targets are a more risk averse format which is highly suitable at such levels.
Any longs really require larger falls to get value.
NOTE: Gold can rebound in risk on and risk off. There is no pegged sentiment driver currently.
The case for Gold still represents a continued bull market with little kickback. Any serious change in sentiment will likely cause this and is required.
Any short entries at these highs must be limited in both size and target. Lighter sizes, earlier targets are a more risk averse format which is highly suitable at such levels.
Any longs really require larger falls to get value.
NOTE: Gold can rebound in risk on and risk off. There is no pegged sentiment driver currently.
Nota
Momentum leading short. News sentiment required for fast falls.Nota
Any shorts, make them tiny.Nota
Still short biased, rejection at highs.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.