pppdirhams

Is It Safe To Short GOLD vs DOLLAR?

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Yes, i think it is.

Price is heading to retest the upper bounds of our channel/ breakout level hence we have to consider about 800+ pips SL with a very nice RRR (1:3+)

The question is am i willing to risk 800+pips for such a return?

ME: YES!

PPPDirhams.
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Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..

FX:XAUUSD