CFDs on Gold (US$ / OZ)

Short

Updated

Short GOLD after 5 waves ending at top

Personally I take this trade at 1,296 after sawing the gold failed to break a 1,300 resistance. Also the gold it's letting a huge bearish pin in a Daily chart. I expect a big correction to about 1,210. First target 1,270. Will see!.

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So far so good!

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Moving SL to breakeven

Trade closed: target reached

Today morning after the gold rebound to 1287 I prefer stay out of this idea until review again the direction gold got it

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Also on:

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.