peterbokma

GOLD-SELL++

Short
peterbokma Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
We are slowly reaching $ 2,000 and the market condition is LONG.

The RSI is higher, and shows we are overbought condition. No doubt anything can happen under the current circumstances, but I feel with low leverage will add @ 2,000 to the existing short $ 1,970.

For new shorts sell $ 2,000 and for those already short and added $ 2,000 when it arises, we will sell again but slightly higher leverage @ 2,015 once again. The profit order I suggest to shift it to $ 1,937 for now.
Comment:
The suggested SELL at $ 2,000 is executed.
Comment:
add a SELL @ 2,015, but as stated...very small leverage please... to give yourself room for adding...
Comment:
added a SELL @ 2,038 just now...small leverage.
Comment:
added a SELL @ $ 2,051 just now...small leverage...
Comment:
change profit order to: 25% @ 2,020; 25% @ 2,001 and rest @ 1,968 for now.

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.