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Here we have our GOLD chart.
After geopolitical Tensions caused gold and Oil to surge, we have been brought to previous highs. These Highs give sellers impetus to the shortside and allow for us to enter the market accordingly. We can Trade this asset lightly given the current risk sentiment in the market.
After the news, the surge in the price of gold has brought it way off Key MA's. This makes it indcredibly feasbile for a short side trade, given price is so high.
As we reach these zones we can look for early exits on falls gradually at some early support.
Here we have our GOLD chart.
After geopolitical Tensions caused gold and Oil to surge, we have been brought to previous highs. These Highs give sellers impetus to the shortside and allow for us to enter the market accordingly. We can Trade this asset lightly given the current risk sentiment in the market.
After the news, the surge in the price of gold has brought it way off Key MA's. This makes it indcredibly feasbile for a short side trade, given price is so high.
As we reach these zones we can look for early exits on falls gradually at some early support.
Note
Exit for gains.Note
Get short again.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.
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.
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.