GoldSilverAnalyst

Wednesday, October 17, Gold and Silver

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Having a good idea, beforehand, where the buy and sell stops are located can give an active trader a better idea regarding at what price level buying or selling pressure will become intensified in that market.

Buy Stops -1240(buying pressure)
Sell Stops- 1212(selling pressure)

Our Active position
Short Gold -0.22% now-(1223)
SL: 1245
TP: 1200




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.