Short
Trying short on gold at 2050 / deflation phase incomming
I believe strong dollar is comming off, we will have another deflation phase as we had on february where all stocks crash and gold will make a correction due to the strenght of dollar also, DXY is oversold at 93 (still a high number) and just made a double bottom, ready for a massive move to 100+ this will send gold to 1700 price again
Sl I will use 2075
TP 1900
TP2 1750
Sl I will use 2075
TP 1900
TP2 1750
Note
TP 1 hit (1500 pips)Sell now at 1985
SL 2015
TP 1820
TP 2 1750
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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.