XAUUSD (Gold) Portfolio Trade - >5x RR Ratio
For now, I don't see any major changes in the fundamental outlook that would make either Gold or Silver breakout of their ranges.
For that reason, buying the low of the range and selling the top could very well be some of the easiest trades going forward for a while.
The outlook can always change, but RR ratio makes it a attractive play for now.
For that reason, buying the low of the range and selling the top could very well be some of the easiest trades going forward for a while.
The outlook can always change, but RR ratio makes it a attractive play for now.
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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.