zyberal

Macro outlook for gold

Short
zyberal Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
we are at macro resistance, so as follows. i would short with 10-25x leverage max
Comment:
I expect xau to trade sideways with positive beta in the coming years. nothing crazy. if we break levels then id scalp long for 100 pips max. its better for the macro trend to set then to guess where big moves are going
Comment:
bullish on gold for the next 5 years
Comment:
will be updating on positions

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.