mhafidi85

short scenario on gold

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
2
  • US economy showed some weakness at the end of the week
  • Commodities prices started to fall down again
  • Euro zone strength shown by the PMI and unemployment figures

All these fundamental arguments coincide with the weakness of the gold i will open a short position in the B point and follow the scenario as it is described in the chart
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