is presenting great short opportunities and we can use the fact that interest rates are rising as a potential indicator that money could move to Bonds and fixed income investments thus dropping the demand down and creating over supply in the markets which would cause a fall, another factor is rising $, as the $ rises there is occasion that will drop , Ruble being pegged to also gives a reason for the west to try drop the price to provide more pain to the Russian economy, in terms of pure we have seen a sharp drop under the MA89, a pullback and a kinda pattern, we have a sequence of three very candles on the , and we are seeing a very monthly candle being printed, therefore we should be looking for shorts in Gold , and aiming to potentially take out all these long positions by price hitting the $1690 level in the longer term, remember to take profit on the way down on smaller timeframes to reduce exposure.
Trade active: $1830
Comment: Lovely fall in the green, keep them keen.
Comment: +130 pips already
Comment: +240 pips now
Comment: Strong bounce, watch price action carefully
Comment: +570 pips
Comment: +700 pips
Comment: +880 pips
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