CFDs on Gold (US$ / OZ)
Short

short scenario on gold

142
  • US economy showed some weakness at the end of the week
  • Commodities prices started to fall down again
  • Euro zone strength shown by the PMI and unemployment figures


All these fundamental arguments coincide with the weakness of the gold i will open a short position in the B point and follow the scenario as it is described in the chart

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.