I like gold long in the long term. but its been running from December now.
it rejected at 200 MA, also 1250 is a strong resistance. RSI topped triple times at 70.
i think its a good quick short with 200 MA stop loss and target on 100 ma or 1200s, before going long again.
good 4 to 1 risk reward at this point.
i dont have a forex account so i trade bullish or bearish ETF, my favorite one was
JDST
so i am long
JDST
.
it rejected at 200 MA, also 1250 is a strong resistance. RSI topped triple times at 70.
i think its a good quick short with 200 MA stop loss and target on 100 ma or 1200s, before going long again.
good 4 to 1 risk reward at this point.
i dont have a forex account so i trade bullish or bearish ETF, my favorite one was
JDST
so i am long
JDST
.
Giao dịch đang hoạt động:
Gold showing some weakness and attempting to test 1238, if it breaks will confirm the downtrend and all full size. since the next resistance is at 1220.
Giao dịch đang hoạt động:
gold finally broke resistance and for me is done, my average in JDST is 16.8 and my first profits will take on 20.
Giao dịch đang hoạt động:
gold almost on our fist target, 1220s and i will take some here and 1200. i am long JDST since this ETF is up 3x when gold goes down, idea working flawlessly.
Giao dịch đang hoạt động:
gold flushed faster that i would like, and showing some resistance at 200 MA, so i am out waiting a bounce for a re-enter to see if it will go down another leg.
Giao dịch đang hoạt động:
re entered short on this pop.
Giao dịch đang hoạt động:
we nailed a perfect entry, 1220 is a key point, so we take earnings here, waiting a bounce for a re entry.