Hello fellow traders and investors,
Gold has hit our daily channel resistance and the candle showed a powerful rejection after that last night. Yet this still remains risky, like any other counter trend trade. Therefor we advice you not to risk more than 2% on this short.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup
Gold has hit our daily channel resistance and the candle showed a powerful rejection after that last night. Yet this still remains risky, like any other counter trend trade. Therefor we advice you not to risk more than 2% on this short.
Good luck and don't forget to give us a thumb if you like our analysis! If you have any questions or want us to analyse a specific pair, feel free to contact us.
Regards, ValescoTradingGroup