TradingView
PradeepRajput
May 9, 2023 3:43 AM

Gold - Probable Short Trade Short

Gold FuturesCOMEX

Description

With Bearish COT Reports AND Weekly momentum down - Gold can be a short between 2030 to 2050 with a stop- of 2091 and a target of 1830-1875. My only concern is positive Daily Momentum. So strictly Stoploss Please

Comment

Gold if short on my view can trail SL to 2060 OR can book partial profits
Comments
Abhishekarvind
I think gold goes up to 2150 by here.
PradeepRajput
@Abhishekarvind, Yes that's Possible. That is Why i have specified a clear Stoploss. Normally i refrain from giving specific trades, but just for a change. I will only tell what i can see, final results are not in my hands. Alternately you can wait for entry as per your analysis and Method. Possible targets i had given.
More