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XAU/USD Short Trade for swing traders
The market is reaching an all-time high every day. According to the analysis, we should see a good corrective move in the coming days.
We have SL in the past two trades. We are planning a swing sell trade with a 1-10 risk-reward ratio; if this fails, we will plan the next swing trade with a 1-12 risk-reward ratio.
The market is at levels where a corrective move should occur, but the view on gold is still bullish.
Because the market is already at an all-time high, planning a long trade, for now, can be more risky, so to be active in long trades for this month, we need to wait for at least 70-100 points of correction in price.
you are all kindly requested to follow proper risk management to follow these analyses and execute the provided trades.
We have SL in the past two trades. We are planning a swing sell trade with a 1-10 risk-reward ratio; if this fails, we will plan the next swing trade with a 1-12 risk-reward ratio.
The market is at levels where a corrective move should occur, but the view on gold is still bullish.
Because the market is already at an all-time high, planning a long trade, for now, can be more risky, so to be active in long trades for this month, we need to wait for at least 70-100 points of correction in price.
you are all kindly requested to follow proper risk management to follow these analyses and execute the provided trades.
Harkaran.Singh
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Harkaran.Singh
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.