Short scalp on GOLD
SHORT TERM ANALYSIS:
After a major rally from gold, we can expect Gold to reverse at this point. With RSI heavily in the oversold region, we can catch some pips shorting it.
LONG TERM ANALYSIS:
Gold can potentially go up higher following the retracement. However It may always run sideways after the retracement
Short @ 1073.55
Stop @ 1075.71
T/P @ 1069.77
Happy new years everyone, and please follow and leave a comment for better and improve future analysis!!
After a major rally from gold, we can expect Gold to reverse at this point. With RSI heavily in the oversold region, we can catch some pips shorting it.
LONG TERM ANALYSIS:
Gold can potentially go up higher following the retracement. However It may always run sideways after the retracement
Short @ 1073.55
Stop @ 1075.71
T/P @ 1069.77
Happy new years everyone, and please follow and leave a comment for better and improve future analysis!!
Trade fechado: objetivo atingido
Gold dipped down as expected, however it just barely missed the take profit
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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.