Publishing a potential reversal in gold, offering an initial 6.8 R/RR
i think NFP tomorrow will ultimately determine the direction of this. Would be happy to short if 1250 breaks as the risk / reward simply inverts and offers good potential.
Looking very oversold on the RSI but it has been lower in the past. Also, we are on our 8th consecutive down day, which i believe has only happened a handful of times. Probability is, therefore, also on our side with this trade.
i think NFP tomorrow will ultimately determine the direction of this. Would be happy to short if 1250 breaks as the risk / reward simply inverts and offers good potential.
Looking very oversold on the RSI but it has been lower in the past. Also, we are on our 8th consecutive down day, which i believe has only happened a handful of times. Probability is, therefore, also on our side with this trade.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.