XAUUSD=Gold. Possible Short scenarios.
Gold Short opportunity. My View.
Sell area and Stop area shown on chart
Sell area and Stop area shown on chart
Note
This set up still active. I already initiated early entry. More conservative traders can enter 1333-1334.00Trade active
Trade active. Keep SL orders very tight. Red news in 30 min.Note
The take-profit is set at an arbitrarily large distance from my entry point. I generally want the market to tell me where to get out.Note
This is still active. In the money now.Trade closed: stop reached
Note
Unfortunately trade is closed. But set up was correct
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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.