exlux99

Long Entry for Gold

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
As the past have shown us over and over again, in terms of crisis, commodities such as gold, energy or petrol tend to have much more demand than the rest.
Because of this, their prices tend go raise exponentially compared to normal times.

I believe at the moment, due to the Ukraine and Russia situation, there is a big long opportunity for assets like gold or oil. And not just that, but we also have to take into account, that this year, Feds are going to try their best to reduce the inflation levels, and this can also lead to a potential increase in these assets prices.


Key points for this scenario
Long entry
TAKE PROFIT POINT 2100
TAKE PROFIT POINT 2200
TAKE PROFIT POINT 2300
TAKE PROFIT POINT 2400

STOP LOSS 1850

RISK REWARD RATIO : For 1 $ lost we have the possibility of making 0.75/1.25/1.75/2.25$

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