ridethepig

In a nutshell... Buy Risk-Off!

Long
ridethepig Aktualisiert   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Here we are tracking Gold as risk enters back into play as widely anticipated since Turkey/Syria combo headlines flooded the wires this weekend. To top it off we have risk from US-China trade later in the week, Brexit, and Canadian elections to name but a few...

On the technicals we can place our stop below the barrier at 1485 as it has become support while for our targets we will use a simple fib extension targeting the highs at 1547.

Remember we also have JPY in play:



Best of luck all those in the flows, with a pinch of luck we will have a home-run swing.
Kommentar:
NY bidding the open and Gold breaking out
Trade ist aktiv
Kommentar:
Eyes on Gold for the open
Kommentar:
Softer inflation slowing down the move ... range held and with Fed cuts Oct 25bps a done deal the targets remain in play.
Trade geschlossen: Stop wurde erreicht:
Stops were too tight to hold the loud political noise.

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