Scaling into Short Gold...several smallish positions.
https://www.tradingview.com/x/6CIU7Suu/
XAU USD is starting to sell-off and 1 hour into Australian trading day, 3rd hour of the New Zealand trading day.
Gold is in a supply area of the RSI and Stochastics across all of the timeframes.
I plan to take this short for a day or 2 unless buyers come pouring in from nowhere, unlikely but still possible with all of the gold-bulls around the world & given that the price is in record territory.
XAU USD is starting to sell-off and 1 hour into Australian trading day, 3rd hour of the New Zealand trading day.
Gold is in a supply area of the RSI and Stochastics across all of the timeframes.
I plan to take this short for a day or 2 unless buyers come pouring in from nowhere, unlikely but still possible with all of the gold-bulls around the world & given that the price is in record territory.
Note
Support Zone for Gold XAU USD 2473 to 2483
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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.