Gold short opportunity - RISKY
Hi Traders,
Having been a by stander for the last 4 weeks I think now would be a good time to possibly have a shot at shorting gold.
RSI is also above 80 on the daily chart.
After a potential double top and touch of the upward channel line this would be a good risk to reward with 5 targets set out below.
This is not a quick trade, or at least it shouldn't be.
Catalysts for this move:
War ending
Rates increasing
US10 yr yield increasing.
This is a very risky trade considering the market at the moment.
Please us caution.
Having been a by stander for the last 4 weeks I think now would be a good time to possibly have a shot at shorting gold.
RSI is also above 80 on the daily chart.
After a potential double top and touch of the upward channel line this would be a good risk to reward with 5 targets set out below.
This is not a quick trade, or at least it shouldn't be.
Catalysts for this move:
War ending
Rates increasing
US10 yr yield increasing.
This is a very risky trade considering the market at the moment.
Please us caution.
Transaction en cours
Add shorts:
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.