Is It Safe To Short GOLD vs DOLLAR?
Yes, i think it is.
Price is heading to retest the upper bounds of our channel/ breakout level hence we have to consider about 800+ pips SL with a very nice RRR (1:3+)
The question is am i willing to risk 800+pips for such a return?
ME: YES!
PPPDirhams.
i]
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
XAUUSD
Price is heading to retest the upper bounds of our channel/ breakout level hence we have to consider about 800+ pips SL with a very nice RRR (1:3+)
The question is am i willing to risk 800+pips for such a return?
ME: YES!
PPPDirhams.
i]
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
XAUUSD
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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.
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.