GOLD Medium term outlook is bearish 735$/oz
GOLD is trading in a bearish channel and it broke its weekly moving averages, it is heading down.
recommended trades are:
Short XAUUSD at 1180 Take profit 735 Stop 1380
Buy PUT on gold strike 1000$ 6 months maturity, it costs peanuts (few 100's) and worth tens of thousands once 1000$ is broken down.
enjoy the profit
recommended trades are:
Short XAUUSD at 1180 Take profit 735 Stop 1380
Buy PUT on gold strike 1000$ 6 months maturity, it costs peanuts (few 100's) and worth tens of thousands once 1000$ is broken down.
enjoy the profit
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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.
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.