Trade background:
Shorting Gold could be a great hedge just in case the markets continues its rally. Keep in mind that this week is loaded with potential event risks that can bring a lot of volatility into the markets. Especially the trade talks and developments this week.
Trade Details:
Positioning: Short
Time frame: Daily
Length of Trade: 2 days to 1 week
Entry: Between 1510.00 to 1515.00
Stop: 1530.00
Exit: 1465.00
Shorting Gold could be a great hedge just in case the markets continues its rally. Keep in mind that this week is loaded with potential event risks that can bring a lot of volatility into the markets. Especially the trade talks and developments this week.
Trade Details:
Positioning: Short
Time frame: Daily
Length of Trade: 2 days to 1 week
Entry: Between 1510.00 to 1515.00
Stop: 1530.00
Exit: 1465.00
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.
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.