dewpoint
Short

Gold - Shorting opportunity

FX_IDC:XAUUSD   GOLD / US DOLLAR
106 2 10
Given market reversals it looks like Gold             may be losing it's shine, just for the short term though, by short term i mean months, unless of course we have a major world incident. The smart money is heavily shorting gold             retail investors are buying, hence todays drop. Next week i'm looking at the trend line to be yet again be breached and then a follow through to the downside.
I'm looking at sub 1200 area,1170 offers major support.
showmethepips
a year ago
Nice call hope you caught some of that action :)
Reply
dewpoint PRO showmethepips
a year ago
Thanks, sure did i've been scaling in right up to the 1247 level. If we see a market reversal to the upside with the S&P then gold should tank. Good trading.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out