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gsurya
Nov 8, 2020 3:28 PM

GOLD Short

GOLD (US$/OZ)TVC

Description

This is my first idea.
The market on 06-11-2020 was trending upwards and 07-11-2020 was rather quiet as expected. My view is that the price has risen hastily from 1902 level without solid base of buyers. The big players will feel uncomfortable if the tomorrows market shows any sign of weakness and trigger price to the first target of 1919.15 and second target of 1899.06. I will place my sell orders only if the market shows weakness in buying volume

Trade closed: target reached

Target achieved 1899.06
yeah.... :)
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