The case for a Short in $Gold Futures. (Daily Timeframe) $GC1!

12 มิ.ย. 2022

On the Daily Timeframe the trend is going low.
It has arrived at the 55EMA (orange line) that usually works as resistance in downward trends.
The Open Interest made a big jump friday after CPI headline number BUT the signal is rate hawkish. (The long trade is getting crowded...)
RU is actually net selling not buying spot.


By VPVR analysis:
Risk is above 1904 (invalidation)
Target 1 is 1849
Target 2 1805
Target 3 1788

15 มิ.ย. 2022

การซื้อขายยังคงดำเนินอยู่

SL to B.E.
First target (1849) was quickly reached.
2nd Target was barely touched missed by few bucks

6 ก.ค. 2022

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Gold is getting pounded.
Congratulations Great trade!