GOLD Trade Idea
Gold is 6% up from its origin.
- Commodities are soaring up reason behind it is the Israel-Hamas war.
- I do not have any reason to initiate a trade in gold until I see a good reaction or weakness
- Solid trade execution and risk was favorable when Gold was trading near the Bullish Origin
- Gold has made the second-largest weekly gain in 3.5 years.
- This war can easily result in Gold trading or mitigating the 2000s zone.
- I will wait for a base to form in STF first to initiate any longs as of now, I will only sit back and be a hawk.
- Commodities are soaring up reason behind it is the Israel-Hamas war.
- I do not have any reason to initiate a trade in gold until I see a good reaction or weakness
- Solid trade execution and risk was favorable when Gold was trading near the Bullish Origin
- Gold has made the second-largest weekly gain in 3.5 years.
- This war can easily result in Gold trading or mitigating the 2000s zone.
- I will wait for a base to form in STF first to initiate any longs as of now, I will only sit back and be a hawk.
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.