Gold was able to survive the expected rate hike. The metals market seems to have priced in the rate hike before it happened. Should see a bounce from this level before continuing its descend.
Bias is still short so carefull.
Bias is still short so carefull.
Note
taking half profits. risked 12 dollars on this trade up 50 so far!! Great risk reward!!Will leave the rest to see if we can reach 1018 - 1038
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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.