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Exercise-Discipline
Mar 3, 2017 2:57 PM

BUY GOLD TO HEDGE USD LONGS Long

FX_IDC:XAUUSD240
GOLD / U.S. DOLLARICE

Description

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Buy gold at spot.

Add at key levels: 1205, 1180, 1150.

Hedge with shorts on AUDUSD, NZDUSD, GBPUSD (since these are risk-on trades).

I think this will be the perfect way to play 2017 - long USD, long gold.
GoldgoldlongXAUUSDXAUxauusdlongUSDusdlongNZDUSDAUDUSDGBPUSD
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