Gold Spot / U.S. Dollar
Short
Updated

GOLD SHORT IDEA SPECULATIVE LOW RISK BUT NICE TRY

699
GOLD XAUUSD SHORT IDEA.

This try is a speculative but nice opportunity to sell Gold. It has technical reasons. For any questions, don't hesitate to leave a message.

RR Ratio is 3.15 to 1 / max Risk of the position 1%

Good trades & a nice weekend.
Trade closed: stop reached
SL hit - but as I mentioned: SPECULATIVE Idea.
Nice to see, that the pointed direction (short move) was right... Now, we have marked 50% of the distance from entry to TP... move the SL over breakeven and hold the position...
Note
for those, who are still in :)

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.