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FreeForexSignals
Aug 8, 2020 6:02 AM

Could the Gold Heist Continue?  Long

GoldOANDA

Description

As we seen since the pandemic stocks have struggled to world lock down. So investors go for the safe heaven. One of them being Gold. So its been going to the moon.

The economy has slowly been recovering, however 1000's still losing their jobs. I think that gold rally will be over in the short term. But stock will struggle to recover, and with a chance of a 2nd wave could mean gold shooting up again. I will be looking for a little short then buying for the major key level on the retest.

Cheers for following x

Trade active

Trade active

Trade closed: target reached

We hit TP1. 2nd position running SL at BE.
Comments
FreeSignalsUK
I think stocks are due a crash soon, they are been falsely held up by the FED at the moment x
FreeForexSignals
@FreeSignalsUK, Agree, eco is not good world wide. More jobless claims in the USA
Spacehopper420
P.S.... open from 2029
Spacehopper420
Hey, good afternoon I have short positions open which I want to close ASAP, any advice would be most welcome, what do you speculate the "key level" is ? Thanks X
FreeForexSignals
@Spacehopper420, Hi 1920 could see a retracement too x
Spacehopper420
@FreeForexSignals. Thx for reply, really a bad fomo there Friday on my behalf, live & learn hey!
FreeForexSignals
@Spacehopper420, FOMO, always plenty of opportunities. Patience pays x
FreeForexSignals
@Spacehopper420, Deffo where i would have a buy x
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