Existing positions:
Asset: XAUUSD ( GOLD )
Sell Stop Entry Price:1500
Take Profit: 1250
Stop Loss:1560(we will reduce the stop loss points once positions will be more favorable)
Capital risk:$3000(4%)
Potential Gain:$15000
Risk/Reward: 1:5
Asset: XAGUSD ( SILVER )
Sell Stop Entry Price:19.00
Take Profit: 14.00
Stop Loss: 20.00(we will reduce the stop loss points once positions will be more favorable)
Capital risk:$2000
Potential Gain:$12000
Risk/Reward: 1:6
Our advises and recommendations-
we believe Weakening global growth, high-risk aversion, and low-interest rates should keep prices elevated, but they are unlikely to provide a further boost given that they are, for the most part, already accounted for, we see gold prices falling to $1,350 an ounce In the mid-long term and silver sliding back to $14 an ounce. we expect bond yields to push higher as investors become disappointed with global monetary easing policies.er also thinks that negative bond yields in Europe and Japan are unlikely to go lower. and central banks will also be reluctant to lower interest rates as significant economic fears start to recede.