30min timeframe Analysis
Updated
Following my 1 hour timeframe analysis, I am still bearish on gold due to the disappointing PPI rates & Initial job claims.
Moreover, gold have revisited new annual lows showing more potential to revisit low liquidity levels again, while disregarding all the surrounding geopolitical conflicts taking place all over the world. All shocks driving gold up has been absorbed, potentially.
Let’s wait and seen.
This is not a financial advice, but rather my own opinion.
Moreover, gold have revisited new annual lows showing more potential to revisit low liquidity levels again, while disregarding all the surrounding geopolitical conflicts taking place all over the world. All shocks driving gold up has been absorbed, potentially.
Let’s wait and seen.
This is not a financial advice, but rather my own opinion.
Trade active
The strategy is going perfectly with a great ROI. 30% of the position is closed.
40% to be closed at 1998$
30% to be closed at 1982$
Enjoy the journey!!
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