Gold short into mid-October
Updated
Hello!
The idea behind this trade is quite simple and has an insane risk reward of around 15x (the kind of setup I love to trade). Gold has had a crazy run this year and it's still quite overextended on the monthly timeframe.
Also for you TA freaks you can see a breakout from a "triangle". Just something to also take note of.
Good luck!
Tonis
The idea behind this trade is quite simple and has an insane risk reward of around 15x (the kind of setup I love to trade). Gold has had a crazy run this year and it's still quite overextended on the monthly timeframe.
Also for you TA freaks you can see a breakout from a "triangle". Just something to also take note of.
Good luck!
Tonis
Note
This trade should hit the profit target in the next 2-3 weeks.
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