#Globex #Gold Trade Idea
Consider selling June Gold @ 1325 if the opportunity presents. 1st Target 1317 Final Target 1312 If final target reached tighten hard stop and trail by 5 ticks per contract. Initial hard stop to be placed behind most recent swing high not to exceed $300 per contract risk. You are welcome to use any type of chart from time to volume. A range chart is often helpful in these situations.
The premise of this trade is we are simply moving bwtween to areas identified earlier this week for our radio audience.
Consider selling June Gold @ 1325 if the opportunity presents. 1st Target 1317 Final Target 1312 If final target reached tighten hard stop and trail by 5 ticks per contract. Initial hard stop to be placed behind most recent swing high not to exceed $300 per contract risk. You are welcome to use any type of chart from time to volume. A range chart is often helpful in these situations.
The premise of this trade is we are simply moving bwtween to areas identified earlier this week for our radio audience.
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To subscribe to Trading View use:
www.tradingview.com/gopro/?share_your_love=CFRN
CFTC Risk Disclosure mytradingiq.com/cftc-risk-disclosure