TradingView
Sphyn-Trader
Apr 18, 2023 2:34 PM

GOLD: Inflationary! Long

GOLD (US$/OZ)TVC

Description

Hi trader, i want to send you some useful information 🍀

The US economy's decline and subsequent fall back into the global pack could potentially cause an historic re-pricing of the US dollar, but such an event may not happen soon. Currently, the US dollar is experiencing an upward trend in its price, which could be the beginning of another significant increase. The market may be caught off guard by the unexpected strength and resurgence of inflation, which is prevailing over the Federal Reserve at current rate levels.

Re-acceleration of inflation and its win over the Fed will continue to catch the market by surprise

Comment

SELL limit XAUUSD 2011-2014

Stoploss: 2020
Take Profit1: 2005
Take Profit2: 2000
Take Profit3: 1995

Trade active

SELL hit TP1: +70pips

Trade active

SELL hit TP2: +120pips

Trade closed: stop reached

SELL hit FULL TP: +170pips

Comment

You may be wrong, that's okay! You are not losing money. You get the wrong signal, you lose money ♥
Comments
Sphyn-Trader
@MrMin-Trading, wow, tks bro
tanlocquoc
tks so much. I'm from your group and I think it's awesome
Sphyn-Trader
@tanlocquoc, wow, tks bro
Sphyn-Trader
PhamThiHoa84
good job bro
RLinda
I think you got the key elements right. Great perspective on the market)
kquetta01
i think no
More