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Hotsprit
Apr 9, 2022 4:14 PM

Gold will turn down soon! Short

Gold / U.S. DollarFOREX.com

Description

Looking into Geopolitical and Economical event, we cannot see possitive news for gold in the coming days. In the other hand, US Dollar is very bullish.
We can see the pressure on Oil prices as a result of this.
Looks like gold will be bearish in the coming days and weeks.
Comments
IDEAL
hi. How are you
Your analysis is good
Please specify the stop of the sell position
My opinion is for Stop Loss 1957. What is your opinion?
And 3 short term targets
tanx
Hotsprit
@IDEAL Hi, short from 1950. SL @ 1962. TP1 @ 1920. Probably it’s gonna hit 1950 very quickly during opening hours. We can open position after rejection.
aboagyed776
What is your entry for Gold short?
Hotsprit
@aboagyed776 short from 1950. SL @ 1962. TP1 @ 1920. Probably it’s gonna hit 1950 very quickly during opening hours. We can open position after rejection.
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