| Is gold on the verge of a big short? Learn about the potential trading opportunity with a 7 to 1 reward vs. risk ratio in this gold technical analysis video. We discuss the triple top formation, signs of market fatigue, and the yellow channel with touchpoints at 1800 and 1975. Our strategy suggests shorting gold on the next possible spike up at 2010.8, with a final target around 1827 and a stop loss set at 2037 to manage risk. Keep in mind that this is a high-reward, low-probability trading opportunity, so trade at your own risk! |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Tags: Featured,newsletter
