ASCENS10N

GOLD: Greed will be your downfall

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold did a huge sell down after the news release by Pfizer. Price is back to its rangebound mode. The uptrend has been broken but the sell off has not continued. We can expect 1900 and 1930 to be the next, as long as 1850 is not broken.

Gold Long
Entry is valid as long as price is above 1850

Entry: 1850 to 1870 regions
SL: Below 1810
TP: 1900/1930 regions

Note that nothing herein shall constitute as investment advice. Trading in CFDs carry a high level of risk and losses can exceed deposits. Do your own due diligence and manage your own risk.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.