Gold is continue to trend downwards after the massive and fundamental spike last friday when US CPI came out. 20 EMA has crossed below 50 EMA and that gives the trade more validity.
Risk = 1.5% RRR = 1.5 to 1.8
My W/L ratio is 60% to 70% so please don't expect every trade to win.
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.