Gold Short Short
Gold has been respecting the downward trendline as shown making lower highs overtime.
Gold is likely to fall to the demand zone of 11919/TROY oz before going to all time highs as we get closer to the U.S presidential elections.
Do follow me for more trading ideas (:
Gold is likely to fall to the demand zone of 11919/TROY oz before going to all time highs as we get closer to the U.S presidential elections.
Do follow me for more trading ideas (:
Note
Pardon the text box am new here on TradingView (:Note
We lost on this trade but no worries. This is where good risk management comes into place. -0.33% on this trade. There are plenty of other opportunities (:
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.