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Anderson-FX
Jun 18, 2020 5:50 PM

Time To Buy Gold  Short

GoldOANDA

Description

Time To Buy Gold

Hello guys,
For me this could be a really nice set up for the week close.
Not risking that much much I like how this structure get formation and how price is getting interaction.
Mainly we need to see how US30 is going to move and also DXY (Dollar Index)
This week as expected 2 weeks ago we have EURUSD ending H&S Formation.
GBPUSD Droping hard due to the BOE remaining Interest rates the same (As expected)
Now we still in decision level in SPX, US30 and many other pairs.

Looking for AUD or NZD also looks interesting.
I will expect a bear continuation.
Holfing my short positions since the week open in:
NZDCAD, NCDCHF, NZDJPY. and AUDNZD.
With Gold we can end the week with a really nice profit
or holding throught the weekend that depend in ur risk managment
and risk tolerance.

Comment

Running nicely for now.
Keep in mind coming fundamentals if the hole sentiment get worse it will help Gold grown ❤️

Comment

Comment

+120 take some profit ;)

Comment

+213 Pips Please take ur profits

Trade closed: target reached

I will hold 50% and close the all

Comment

Comments
massiveGnu71812
What do you think next week? It will be still around 1740 or will go up or Down, thanks for answer :)
Anderson-FX
@massiveGnu71812, Decision day is today so entries where yesterday and prodits for monday
I could go 1766 Today and coming week hit 1800
Anderson-FX
@Anderson_Guilcapi, I hope u hit 200 pips profit
AboveDuality
That was massive call bro! you nailed it,
i think time to scalp short it
Anderson-FX
@AboveDuality, Thank u
Anderson-FX
@Anderson_Guilcapi, I like ur perspective
Anderson-FX
@Anderson_Guilcapi, i would like to see gold continue growing
NoviceTrader_Crypto
Can I hold full, what is your suggestion?
Anderson-FX
@NoviceTrader_Crypto, U can hold full remember that a lot fundamentals coming
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