Gold Spot / U.S. DollarUpdated EXECUTION STRATEGY FOR GOLD
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Staying long here
Trade closed: target reached
Long gold position closed at 1180. I have not yet shorted gold because of the strength in the Japanese Yen. As long as there is strength in the Japanese Yen, I will abstain from initiating a short position simply because that typically signifies weakness in the economy/markets which is good for gold. For a long trade:
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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.