Hey tradomaniacs,
Looking at GOLD (XAU/USD) we can see a nice tracement and retest that could give bears more power to stack sell-positions.
GOLD is currently hitting the Trendline of the previous contraction ant a strong Resistance-Zone!
Generally it is very risky to execute any position here as the upcoming fundamentals will tell what is going to happen.
ALL TRADES ARE ABSOLUTLEY RISKY!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Looking at GOLD (XAU/USD) we can see a nice tracement and retest that could give bears more power to stack sell-positions.
GOLD is currently hitting the Trendline of the previous contraction ant a strong Resistance-Zone!
Generally it is very risky to execute any position here as the upcoming fundamentals will tell what is going to happen.
- Month ending is ending and companies re-balancing and closing their books 👉 +1 Volatility
Non-Farm-Payroll-Week 👉 +1 Volatility
Upcoming US-election 👉+3 Volatility
Discussions about futher stimulus or liquidity for the market 👉+ 2 Volatility
ALL TRADES ARE ABSOLUTLEY RISKY!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Nota
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.