XAUUSD
The precious metal has moved over a $100 since the start of the month, bringing about plenty of opportunity for traders. The bulls seem to be exhausting and the bears look ready to put in a day shift. We like gold to go short, a break of $1504 will see us heading to our TP1 of $1492, a break of $1492 will see us approaching the region of $1474. SL is set for the previous high of $1527.24.
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
The precious metal has moved over a $100 since the start of the month, bringing about plenty of opportunity for traders. The bulls seem to be exhausting and the bears look ready to put in a day shift. We like gold to go short, a break of $1504 will see us heading to our TP1 of $1492, a break of $1492 will see us approaching the region of $1474. SL is set for the previous high of $1527.24.
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.