GOLD TO FALL AGAIN
Price is currently trading within a zone of support and resistance. Price is still showing selling potential and from i can see, price has all potential to move up and test $1511.25 level before falling again to meet our target at $1462. Stoploss has been marked at $1528. Let's gooooo!
Risk no more than 2 % on this trade
Risk to reward ratio = 1:2
Risk no more than 2 % on this trade
Risk to reward ratio = 1:2
Trade closed: target reached
Target reached but price did not pull back to our ideal entry point.
Related publications
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.