Gold Short offering 5x RR + Long offer 8X RR + Bullion Buy Zones
Updated
Here I've market a Short Term Short on Gold offering 5 x RR to recent lows.
Once the low is tagged we will be within a great buying zone for bullion in the form of physical #Gold and #Silver as well as revising Gold and silver mining stocks.
Please see my other posts on a Silver miner i'm building my position into which i believe will see over a 60 x over coming years (see below)
This week i'm looking for #USD aka #DXY tagging 94 big figure, being the catalyst for forcing gold to tag its recent lows.
IF USD tags 94 big figure before Gold Short Entry is triggered SHORT trade is no longer valid and will be waiting for Long trigger zone + bullion BUY zone
Make no mistake the FED can not continue to print money at the current rate without adverse effects.
To hedge against risk of leverage and maintain a long term hold to support this view i'm a big fan of miners as a longer term play. Plus stack the physical.
Don't forget they will do what ever is required to separate you from your money - Protect your bank!
Click Follow if you want more analysis around #Gold #Silver #Forex #BTC and other low cap alt coin projects.
SMTP
Once the low is tagged we will be within a great buying zone for bullion in the form of physical #Gold and #Silver as well as revising Gold and silver mining stocks.
Please see my other posts on a Silver miner i'm building my position into which i believe will see over a 60 x over coming years (see below)
This week i'm looking for #USD aka #DXY tagging 94 big figure, being the catalyst for forcing gold to tag its recent lows.
IF USD tags 94 big figure before Gold Short Entry is triggered SHORT trade is no longer valid and will be waiting for Long trigger zone + bullion BUY zone
Make no mistake the FED can not continue to print money at the current rate without adverse effects.
To hedge against risk of leverage and maintain a long term hold to support this view i'm a big fan of miners as a longer term play. Plus stack the physical.
Don't forget they will do what ever is required to separate you from your money - Protect your bank!
Click Follow if you want more analysis around #Gold #Silver #Forex #BTC and other low cap alt coin projects.
SMTP
Trade active
SHORT DIDNT HIT TRIGGERI've been filled to go LONG @ 1924
Moved Stop to Break even.
TP set to 1945
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